Urban Outfitters Inc. (URBN) reported first quarter net income of $0.23 per share after the bell Monday, which matched the prior year result. The consensus estimate was for EPS of $0.20.
Urban Outfitters rose steadily during the first 45 minutes of trade Tuesday and closed up by 1.94 at $28.10 on above average volume. The stock rose to a week and a half high and re-crossed its 200-day moving average.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.