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Urban Outfitters Tumbles After Profit Trails Estimates

Urban Outfitters Inc., the operator of its namesake, Anthropologie and Free People brands, declined the most in two months after reporting fourth-quarter earnings that trailed analysts’ estimates.

Urban fell 5.3 percent to $27.95 at the close in New York for the biggest decline since Jan. 11. The Philadelphia-based company’s shares have gained 1.4 percent this year.