Urban Outfitters Stock Jumps On Same-Store Sales
Shares of Urban Outfitters (URBN) were up 5% at mid-day after the retailer disclosed in a regulatory filing late yesterday that same-store retail sales in Q4 are trending in the high single digits. The quarter-to-date results were for all retail segments, including direct-to-consumer sales, and were above analysts' forecasts. Besides its namesake 209-unit Urban Outfitters' chain, the company operates 177 Anthropologie stores and 77 Free People
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