Mon, Aug. 22, 10:00 AM
Wed, Aug. 17, 12:45 PM
Wed, Aug. 17, 9:22 AM
Wed, Aug. 17, 7:24 AM
- Urban Outfitters (NASDAQ:URBN) is higher in early trading after staying in positive territory with Q2 comparable retail segment sales growth (+1%).
- Comparable Retail segment net sales were up 5% for the Urban Outfitters brand, came in flat at Free People, and decreased 3% for Anthropologie Group.
- Wholesale segment sales increased 4% during the quarter.
- Gross profit as a percentage of sales +180 bps to 38.5%. Net income as a percentage of sales +90 bps to 8.6%.
- The company ended the quarter with inventory down 4% Y/Y.
- Investment firm PT changes on Urban Outfitters: Royal Bank of Canada to $34 from $29, FBR to $31 from $29, Telsey Advisory to $39 from $31, Mizuho to $32 from $28.
- Previously: Urban Outfitters beats by $0.10, beats on revenue (Aug. 16)
- URBN +12.36% to $35.10.
Tue, Aug. 16, 5:36 PM
Tue, Aug. 16, 4:13 PM
Mon, Aug. 15, 5:35 PM
Thu, Aug. 11, 9:59 AM
- The retail sector is racking up sizable gains after Macy's set the table with a major store closing announcement (15% of full-line stores).
- Earnings beats at Macy's and Kohl's, along with a surprise upgrade on American Eagle Outfitters (AEO +4.6%) are also helping to boost sentiment.
- Notable gainers include Guess (GES +4.3%), Dillard's (DDS +5.8%), Ascena Retail Group (ASNA +4.6%), Stage Stores (SSI +7.7%), Sears Holdings (SHLD +4.6%), Gap (GPS +3.5%), Abercombie & Fitch (ANF +3.2%), Barnes & Noble (BKS +3.2%), Urban Outfitters (URBN +1.3%), Francesca's (FRAN +2.5%), DSW (DSW +3.5%), Pier 1 Imports (PIR +4%), and Finish Line (FINL +2.4%).
- The S&P 500 Retail ETF (NYSEARCA:XRT) is up 2.1% on the day off the chain store buzz.
- Retail ETFs: XLY, XRT, VCR, RTH, RETL, FXD, IYC, FDIS, SCC, RCD, UCC, PMR, JHMC, CNDF
Mon, Jul. 25, 11:09 AM
- Apparel store stocks are off and running today on some broad strength.
- The sector has seen more buying action of late after hitting a prolonged rough patch. A couple of solid reports on June sales from key retailers and some calming down of the recent civil unrest has contributed to improved outlook.
- Notable gainers include Gap (GPS +3.5%), Nordstrom (JWN +3.3%), L Brands (LB +2.9%), Urban Outfitters (URBN +2.8%), Macy's (M +2.3%), Kohl's(KSS +1.7%), Francesca's Holdings (FRAN +1.5%), Chico's FAS (CHS +2.1%), Tailored Brands (TLRD +1.5%), and DSW (DSW +1.8%).
Mon, Jul. 18, 11:41 AM
- Urban Outfitters (URBN +1.9%) is taking a risk by jumping into the political fray with a variety of anti-Trump t-shirts on sale at stores.
- The bold move is seen as a result of the "huge pressure" to stand out in the teenage retail space.
- Merchandise emblazoned with "Trump 20Never" and "IDK NOT TRUMP THO" are already in stores and available online.
- Recent polls have showed Trump performing worse with millennials than with older generations which may have factored in to the strategy by Urban Outfitters.
Fri, Jun. 10, 9:22 AM
- Urban Outfitters (NASDAQ:URBN) is lower after warning that Q2 comparable-store sales are down in the "mid single-digit" range.
- Analysts anticipated a drop of closer to 1%.
- The company didn't add any other insight to the sales weakness in the current quarter.
- SEC Form 10-Q
- URBN -8.34% premarket to $25.60.
Fri, Jun. 10, 9:16 AM
Thu, Jun. 9, 6:43 PM
- Urban Outfitters (NASDAQ:URBN) -6.7% AH after saying that same-store sales have been slower than expected so far this quarter.
- UBRN says in an SEC filing that comparable retail segment net sales for its FQ2 that began May 1 had fallen by a percentage in the mid single-digits, vs. analyst expectations for the current quarter's comparable sales to increase 1.1%; URBN reported a 4% gain in comp sales in the year-ago FQ2 and 1% in FQ1 2017.
- URBN has reported lower profit on a Y/Y basis in seven of the past nine quarters.
Thu, Jun. 9, 12:23 PM
- Retail stocks are broadly lower after a weak earnings report from Restoration Hardware (RH -21.2%) set a gloomy tone. The S&P Retail ETF (NYSEARCA:XRT) is 1.91% lower on the day.
- Williams-Sonoma (WSM -4.8%) and Bed Bath & Beyond (BBBY -3.7%) are down sharply after the RH guidance dud.
- Mall chain and department store stocks are also seeing some anxious trading as investors continue to bet on discounters and variety stores which target budget shoppers.
- Notable decliners include Ascena Retail (ASNA -5.4%), Guess (GES -3.2%), Nordtrom (JWN -3.1%), Urban Outfitters (URBN -2.6%), Cato (CATO -2.6%), DSW (DSW -2.6%), and Gap (GPS -2%).
- Target (NYSE:TGT) is down 1.6% after a rough annual meeting where there was much more attention paid to the company's transgender bathroom policy than execs probably desired.
- Retail ETFs: XLY, XRT, VCR, RTH, RETL, FXD, FDIS, RCD, PMR, JHMC, CNDF
Tue, May 24, 9:38 AM
- Worried about Fed rate hikes pushing the greenback up higher? Focus on growing companies deriving at least 80% of sales from the U.S., says Jefferies' Steven DeSanctis.
- He notes the dollar peaked on Jan. 20, and sectors with big overseas exposure have outperformed since. However, with higher interest rates looking like they might send the dollar back into an uptrend, it's time to refocus on companies less reliant on exports.
- DeSanctis and team identified 27 small- and mid-cap companies that were: In the Russell 2500 and Buy-rated by Jefferies, have less than 20% of sales outside of U.S., "sit in the highest two quintiles" based on ROE, and have market values north of $2B.
- Of that group, they picked ten showing the highest growth of sales per share (though a tie brought the total to 11): Paycom Software (NYSE:PAYC), Lithia Motors (NYSE:LAD), Centene Corp. (NYSE:CNC), Molina Healthcare (NYSE:MOH), Five Below (NASDAQ:FIVE), Mednax (NYSE:MD), Western Alliance Bancorp (NYSE:WAL), Signature Bank (NASDAQ:SBNY), KAR Auction (NYSE:KAR), Science Applications (NYSE:SAIC), and Urban Outfitters (NASDAQ:URBN).
Thu, May 19, 9:18 AM
Urban Outfitters, Inc. engages in the operation of retail clothing stores. It operates through the Retail and Wholesale segments. The Retail segment offers merchandise directly through stores, catalogues, call centers, and websites, and consists of the brands Urban Outfitters, Anthropologie,... More
Industry: Apparel Stores
Country: United States