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home / news releases / URBN - Urban Outfitters: All-Time High Revenue In Q1 But Issues Remain

URBN - Urban Outfitters: All-Time High Revenue In Q1 But Issues Remain

Urban Outfitters Inc.
  • URBN reported Q1 earnings that missed on the bottom line as supply chain headwinds continued.
  • Inventory and cost of goods rose significantly above projections.
  • URBN’s brands feel scattered and it may be worth focusing their effort into the higher growth stories.
  • The company doesn't distinguish themselves from their mid-cap peers; I forecast a price target of $27 and a “Hold” rating with an 18-month view.

For further details see:

Urban Outfitters: All-Time High Revenue In Q1, But Issues Remain
Stock Information
Company Name: Urban Outfitters Inc.
Stock Symbol: URBN
Market: NASDAQ
Website: urbn.com
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