Urban Outfitters (URBN) Issues Q3 Warning
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Price: $37.07 +0.14%
EPS Growth %: -5.4%
Financial Fact:
Net income: 76.92M
Today's EPS Names:
MAXN, CSTR, ACU, More
EPS Growth %: -5.4%
Financial Fact:
Net income: 76.92M
Today's EPS Names:
MAXN, CSTR, ACU, More
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Urban Outfitters (NASDAQ: URBN) announced today that third quarter negative comparable retail segment net sales, as reported in its Form 10-Q filed in early September 2014, has continued quarter-to-date. Due to the lower than expected sales, URBN believes its gross profit margin may deleverage for the third quarter at a rate greater than during the first half of the year. If this were to occur, the Company's third quarter earnings would be negatively impacted.
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