Why Urban Outfitters Stock Dropped Today
Shares of Urban Outfitters (NASDAQ: URBN) were down 5.1% as of 1:15 p.m. EST Friday after the lifestyle retailer announced underwhelming holiday-season results.
In a press release late yesterday, Urban Outfitters said its net sales in the two months ended Dec. 31, 2019, grew 2.9% year over year, as a slight decline in retail stores was more than offset by 3% growth from digital sources.
Image source: Getty Images.
Source Fool.com


