Retail Therapy: Urban Outfitters Earnings Beat Estimate As Quarterly Sales Improve

Between earnings misses and public-relations disasters, the Philadelphia-based Urban Outfitters has had a rough few quarters. But with a better-than-expected fourth quarter earnings report -- out Monday afternoon -- the retail group appears to have begun a turnaround. Investors seem to agree, and have sent Urban shares for a more-than 3% gain in Monday's after-hours trading session.