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Urban Outfitters records strong sales and earning growth in Q1

Urban Outfitters has announced the first quarter results reporting strong increase in net income to 108.3 million dollars and earnings per diluted share to 1.16 dollars. The lifestyle products and services company, which operates brands like Anthropologie, Free People, FP Movement, Urban Outfitters, and Nuuly, saw its total net sales climb 10.7...

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Business

Urban Outfitters holiday sales increase by 10 percent

Urban Outfitters net sales for the two and eleven months increased by 10 percent and 7 percent, respectively. After the company reported positive set of results, Jefferies analyst Corey Tarlowe increased the company's share price target, from 36 dollars to 40 dollars while maintaining an Underperform rating on the stock. According to a...

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