Urban Outfitters surges after quarterly results beat on robust demand

Shares of apparel retailer Urban Outfitters rise as much as 13.8% to $77.71, highest since August 28

Reports Q3 net sales of $1.53 billion, beats estimates of $1.47 billion - data compiled by LSEG

Also reports Q3 EPS of $1.28 vs expectations of $1.20

Stock set for its best day since May 22, if gains hold

Marketing boosted store and online traffic, while new lease campaigns drove double-digit growth in active subscribers, says COO Francis Conforti on the earnings call

At least six brokerages raise PT following results

URBN's sales momentum continues to impress, say Wells Fargo analysts

Up to last close, stock up ~25% YTD