Urban Outfitters (URBN) Issues Q3 Warning
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Price: $69.45 -0.23%
EPS Growth %: +8.2%
Financial Fact:
Net sales: 890.57M
Today's EPS Names:
ORPB, ONEG, NDLS, More
EPS Growth %: +8.2%
Financial Fact:
Net sales: 890.57M
Today's EPS Names:
ORPB, ONEG, NDLS, 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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