Urban Outfitters — Shares of the retailer slid more than 11% after Urban Outfitters said net sales for the two months ended Dec. 31 fell 8.4% year over year. The company also announced that CEO Trish Donnelly will depart at the end of the month.
KB Home — Shares of the homebuilder gained more than 2% after the company’s fourth quarter results topped expectations. KB Home earned $1.12 per share during the period on revenue of $1.19 billion. Analysts were expecting the company to earn 93 cents per share on $1.14 billion in revenue, according to estimates compiled by Refinitiv.