Urban Outfitters Short Squeeze $URBN Shares Soar 21% After Earnings Beat

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ThePitBoss
Participant

Jefferies analyst Randal Konik

[ebay][/ebay]xpects Urban Outfitters’ performance to remain “choppy” over the near term, but he sees a long-term opportunity as management improves its execution, realizes cost savings from its store reorganization project, and puts that money to use to boost higher-margin efforts, like its digital business.