Urban Outfitters (URBN) posts earnings Tuesday after-hours, and shares are still down over 40% since mid-February before the market selloff began. Like most other retailers, store closures and loss of traffic in stores worldwide has impacted Urban’s sales, leaving any forecast for the first quarter out of the picture. Shares have been prone to large moves following earnings and this upcoming report should be no different as market volatility and uncertainty around results for the past quarter and lasting impacts through the current quarter guidance-wise remain large.
What to Expect
On March 11,