Urban Outfitters (URBN) Misses Q4 EPS by 1c, Retail Segment Comps +1%
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Revenue Growth %: +9.2%
Financial Fact:
Net income: 76.92M
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Urban Outfitters (NASDAQ: URBN) reported Q4 EPS of $0.55, $0.01 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $1.04 billion.
CEO COMMENT:
“We are pleased to announce record fourth quarter and full year sales driven mostly by the continued success in the direct-to-consumer channel,” said Richard A. Hayne, Chief Executive Officer. “As we enter a new year, we will continue to shift our efforts and spend into our fastest growing channel,” finished Mr. Hayne.
For earnings history and earnings-related data on Urban Outfitters (URBN) click here.
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