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Urban Outfitters Rebounds With Surprise Q2 on $34 Million Profit

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Urban Outfitters Inc. saw a surprise rebound in its second quarter, generating net income of $34 million and earnings per diluted share of 35 cents, well above the net loss of 40 cents a share that Wall Street had anticipated, according to FactSet. Sales of $803 million were down 16.5 percent from the year-ago quarter,…

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