Market Hangover Beckons for Gen Z Darling Urban Outfitters (URBN)
Urban Outfitters (URBN) is bucking the trend. The retail company that targets younger demographics is posting record revenue and cash generation amid an environment characterized by low consumer confidence. A closer look reveals that the company is making inroads with “Gen Z,” and it’s not just its clothes getting the attention. However, with its stock up 80% in the last year, I believe the market has fully priced in Urban’s renewed potential in a fiercely competitive retail clothing industry. T