URBN - Urban Outfitters Stock Climbs On Better-Than-Expected Q1 Results | Benzinga
Urban Outfitters, Inc. (NASDAQ:URBN) shares are rising after the company reported first-quarter financial results after the bell Tuesday. Here's a look at the details.
The Details: Urban Outfitters reported quarterly earnings of 69 cents per share, which beat the analyst consensus estimate of 52 cents by 32.69%.
Quarterly sales clocked in at $1.2 billion, beating the analyst consensus estimate of $1.175 billion by 2.12% and representing a 7.75% increase over sales of $1.114 billion from the same period last year.
Total retail segment net sales increased 5.8%, with comparable retail segment net sales increasing 4.6%. The ...