Seeking Alpha

Urban Outfitters jumps on Q2 results

  • Shares of Urban Outfitters (URBN) soar 6.3% AH following the company's Q2 report.
  • Comps by retail segment: Free People, +38%; Anthropologie, +9%; Urban Outfitters, +5%. CEO Richard Hayne described customers' response to the company's offerings as "favorable."
  • Gross profit margin improves 169 bps.
  • Comparable retail segment inventories were flat. (PR)

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