Consumer
Urban Outfitters Up on Anthropologie Sales, Defying Retail Woes
An Anthropologie store in the Soho neighborhood of New York.
Photographer: Yuki Iwamura/BloombergThis article is for subscribers only.
Urban Outfitters Inc. reported stronger-than-expected sales growth in the third quarter, led by its Anthropologie brand.
Shares of Urban Outfitters rose 12% as of 9:34 a.m. New York time, the biggest intraday jump since May 2023. The stock had gained 12% this year to date through Tuesday’s close.