Urban Outfitters Reports Strong Holiday Sales. URBN Stock Is Jumping Into A Buy Zone.
URBNUrban Outfitters(URBN) Investors Business Daily·2024-01-09 06:46

Urban Outfitters (URBN) late Monday reported November-December sales rose 10% vs. a year earlier. URBN stock jumped back into a buy zone after hours. X Retail segment net sales grew 8%, with comparable retail segment sales up 6%. Early Monday, fellow young-adult apparel retailers Abercrombie & Fitch (ANF) and American Eagle Outfitters (AEO) gave upbeat updates. Abercrombie said it expected "high teens" sales growth in the holiday fourth quarter vs. its prior target for "low double digits." For the year, it ...