05:11 AM EST, 11/26/2025 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.)

Urban Outfitters ( URBN ) shares were over 18% higher in Wednesday's premarket trading activity after the company overnight reported fiscal Q3 net income and sales growth above market expectations.

The company reported fiscal Q3 net income of $1.28 per diluted share late Tuesday, up from $1.10 a year earlier.

Analysts polled by FactSet expected $1.20.

Net sales for the quarter ended Oct. 31 were $1.53 billion, compared with $1.36 billion a year earlier.

Analysts surveyed by FactSet expected $1.49 billion.

Price: 81.20, Change: +12.89, Percent Change: +18.87