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URBN - Why Urban Outfitters Stock Was Rallying Today
Urban Outfitters Inc.
2023-05-24 13:15:55 ET
Shares of Urban Outfitters (NASDAQ: URBN) were moving higher Wednesday after the lifestyle apparel retailer posted better-than-expected results in its fiscal first-quarter earnings report.
As of 12:46 p.m. ET, the stock was up 16.2%.
Urban Outfitters, which also owns Anthropologie and Free People, among other brands, reported record sales and earnings per share in its fiscal Q1, which ended April 30.