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Urban Outfitters Q1 profits rise 247.1 percent

American clothing Urban Outfitters said on Tuesday its Q1 net profit for 2018 increased. Revenues increased by 12.5 percent from the same period last year. The company’s net profit for Q1 2018 was 41.3 million US dollars, up from 11.9 million US dollars a year earlier. Revenues rose to 856 million US dollars. The profit margin of the company...

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