Source: Barron's
Urban Outfitters (URBN) reports quarterly earnings after-hours. Analysts expect revenue of $980.61 million and an EPS of $0.58. The revenue estimate implies a 1% decline Y/Y. Investors should focus on the following key items.
Growth Is Dead
The days of outsized revenue growth appear over for Urban Outfitters. Last quarter, the company reported $864 million in revenue, a record at the time. However, the bigger Urban Outfitters gets, the harder it becomes to maintain past growth rates. This narrative is also reflective of other traditional retailers. Revenue for J.C. Penney (JCP)