Strong Holiday Sales Send Urban Outfitters Stock to Highest Level Since Mid-2021
URBNUrban Outfitters(URBN) Investopedia·2024-01-10 06:45

Key Takeaways o ¢ o ¢ Urban Outfitters Inc. joined the list of fashion retailers reporting strong 2023 holiday sales. The owner of Anthropologie, Nuuly, and other brands said from the end of October to the end of December, sales rose 10% to a record. Abercrombie & Fitch Co. and American Eagle Outfitters Inc. this week also posted big gains in holiday sales. Shares of Urban Outfitters rose 7.7%, hitting their highest level since mid-2021. Count Urban Outfitters Inc. (URBN) as the latest fashion retailer to r ...