Urban Outfitters Stock Jumps After Non-Namesake Brands Drive Earnings Beat

Key Takeaways Urban Outfitters (URBN) shares jumped more than 6% in extended-hours trading Tuesday evening after the apparel retailer posted quarterly results that came in ahead of analysts' expectations amid strength in the company's non-namesake brands. For the three month period ending April 30, the company reported adjusted earnings of 69 cents per shares, beating Wall Street forecasts of 53 cents a share. Revenue in the quarter increased 7.8% to $1.2 billion, edging past the Street expectation of $1.18 ...