Keep an eye on shares of Urban Outfitters (URBN) in Tuesday’s trading session. The apparel retailer posted its first quarterly sales growth in a year. The retailer also reported better than expected profits for the fourth quarter. The company said its first billion dollar quarter was fueled by positive sales at all its brands. It noted that sales rose 18% at its Free People brand, 6% at the Anthropologie Group and 4% at its namesake Urban Outfitters. Shares of Urban Outfitters finished regular session higher at $39.51. The stock is up even further by almost 5% to $41.40 in after-hours trading on Monday. TheStreet’s Kurumi Fukushima reports in New York.
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