Urban Outfitters Inc
NASDAQ:URBN
URBN's latest stock split occurred on Sep 26, 2005
The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.
Before the split, URBN traded at 54.85 per share. Afterward, the share price was about 28.57.
The adjusted shares began trading on Sep 26, 2005. This was URBN's 4th stock split, following the previous one in Jul 12, 2004.
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Urban Outfitters Inc
Glance View
Urban Outfitters Inc., a pioneering force in the world of specialty retail, began its journey from a single store opened in 1970 near the University of Pennsylvania. What started as a modest venture to connect with young, urban consumers has metamorphosed into a dynamic lifestyle retailer encompassing a variety of brands. Urban Outfitters Inc. is not just about clothing; it crafts an eclectic mix of merchandise including apparel, accessories, home décor, and music. By consistently tapping into the cultural zeitgeist, the company has carved out a niche that appeals to the aesthetically conscious and fashion-forward demographic. This sensitivity to evolving trends, paired with a seamless integration of online and physical shopping experiences, allows Urban Outfitters to maintain a strong connection with its youthful customer base. Integral to Urban Outfitters’ business model is its portfolio of brands—Anthropologie, Free People, and BHLDN, among others—each with its distinct identity tailored to various segments of the market. This multi-brand strategy allows the company to diversify its offerings and capture a broader audience. By leveraging robust customer insights and innovative design, the company develops products that resonate emotionally and stylistically with consumers. Additionally, the group's substantial investment in digital platforms has expanded its reach, with each brand's e-commerce site complementing its physical counterparts. Revenue is thus generated through both direct-to-consumer sales and wholesale arrangements, optimizing both online and store-based shopping to uphold a resilient financial performance. This sustainable model not only fuels growth but also keeps Urban Outfitters at the forefront of retail innovation.
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