Shares of Urban Outfitters (URBN) Moving Higher on Before Q1 Earnings Release
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Shares of Urban Outfitters Inc. (Nasdaq: URBN) are seeing upside action before tomorrow's earnings release. The stock is up $0.75 (+2.26%) to $33.87. For Q1, the analysts consensus is $0.31 on revenues of $392.21 million.
On May 8, 2008, Urban Outfitters said Q1 comparable same-store sale rose 10%. Total sales for the three month period increased 25% to $394.3 million.
URBN's 52-wk range is $19.20 - $35.37, with the high being made on May 1, 2008.
Urban Outfitters, Inc. (Urban Outfitters) is a lifestyle specialty retail company that operates under the Urban Outfitters, Anthropologie, Free People and Terrain brands, and it also operates a wholesale business under the Free People brand. [SM]
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