Adidas x Urban Outfitters. Source: Footwear News
Urban Outfitters (URBN) reports quarterly earnings Tuesday. Analysts expect revenue of $855.65 million and EPS of $0.25. The revenue estimate implies flat revenue growth Y/Y. Last quarter the company generated revenue of $1.1 billion, up 4% Y/Y.
Revenue from Urban Outfitters' retail and wholesale operations grew 4% and 3%, respectively. Digital sales within the retail sector were up by double digits, despite the fact that average order value and units per transaction were down. Physical stores reported negative comparable store sales for the first time in