Here's Why Urban Outfitters Stock Soared Today
Shares of apparel retailer Urban Outfitters (NASDAQ: URBN) soared on Wednesday after the company reported financial results for its fiscal third quarter of 2025. As of 11:30 a.m. ET, Urban Outfitters stock was up about 15%.
Urban Outfitters had its best third quarter, which ended in October, in its history, with net sales of nearly $1.4 billion and net income of $103 million. That was good for 6% growth on the top line as well as a 24% increase on the bottom line. These numbers bested investors' expectations.
It's been a good time for apparel retailers, generally speaking. But Urban Outfitters results look particularly good. The company has several brands. But two of its smaller brands -- FP Movement and Nuuly -- are growing at a strong pace and even posting profits on their own.
Source Fool.com
