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Why Record Results Aren't Enough in Today's Stock Market

Even solid earnings reports don't lead to big gains. ....

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Urban Outfitters (URBN) Q3 Earnings & Sales Beat, Rise Y/Y

Urban Outfitters' (URBN) third-quarter fiscal 2022 performance is backed by impressive growth across all brands and segments. ....

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Pennsylvania is home to the world's top female-friendly company, Forbes says

Pennsylvania is home to the world's top female-friendly company, Forbes says
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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Top US stocks: Salesforce, Snowflake and Nordstrom

Top US stocks: Salesforce, Snowflake and Nordstrom
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Why Urban Outfitters Stock Surged Today

Shares of
Urban Outfitters (NASDAQ:URBN) rose sharply on Wednesday, following the release of the lifestyle retailer s first-quarter financial results. As of 2 p.m. EDT, the stock s price was up roughly 9%.
So what
Urban Outfitters total sales soared 57.6% year over year to $927 million, fueled by a 51% jump in comparable-store sales. The gains were broad-based. Comps for the company s three core brands Free People Group, Anthropologie Group, and Urban Outfitters rose 77%, 50%, and 42%, respectively.
Retail store traffic is recovering as the pandemic subsides. Image source: Getty Images.
Urban Outfitters net income, in turn, improved to $54 million, or $0.54 per share, compared to a loss of $138 million, or $1.41 per share in the year-ago period. ....

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