URBN Stock Falls 12% Despite Broad-Based Holiday Sales Gains

Key Takeaways URBN shares dropped 12.3% despite holiday sales growth that missed analysts' expectations.Urban Outfitters posted 9% holiday net sales growth, driven by Retail gains across digital and stores.URBN saw strong Subscription growth of 43% and a 13% rise in Wholesale sales, led by Free People.Shares of Urban Outfitters, Inc. (URBN) fell 12.3% during yesterday’s trading session following the company’s holiday season sales performance. Results, though solid overall, fell short of analysts' expectatio ...