Urban Outfitters (URBN) Misses Q1 EPS by $1.21, Revenues Miss
Urban Outfitters (NASDAQ: URBN) reported Q1 EPS of ($1.41), $1.21 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $588.48 million versus the consensus estimate of $693.55 million.
“I am incredibly proud of our teams for their hard work, dedication and resilience over the last two months. The actions we’ve taken during the quarter to strengthen our balance sheet and help preserve liquidity provides us with financial flexibility during this difficult period,” said Richard A. Hayne, Chief Executive Officer. “I’m confident our proven ability to execute our multi-channel, multi-brand, and multi-category strategy will ensure our future success,” finished Mr. Hayne.
For earnings history and earnings-related data on Urban Outfitters (URBN) click here.