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


BMO Capital Markets analyst John Morris

Sys turnaround was still in its early days. Both Anthropologie and Urban Outfitters showed improvement, however

“we feel that both brands are in the beginning stages of a turnaround and it is too early to signal all clear. We await further evidence that both core divisions have significantly improved operations, rather than relying on one quarter of green-shoots, to become more positive on the shares.”