Urban Outfitters Stock Soars Back Above Buy Point On Strong Earnings
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Urban Outfitters beat profit and sales expectations for the April-ended quarter late Wednesday. Urban Outfitters stock soared more than 20% in opening trade and regained a buy point. Sales rose 10.7% to $1.33 billion while Urban Outfitters' earnings per share jumped 78.5% to $1.16.
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