Urban Outfitters (URBN) PT Bumped to $42 at Piper Jaffray
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Brean Capital Reiterates Buy on Urban Outfitters (URBN) Following 2Q EPS Beat
August 18, 2015 6:50 AM EDTBrean Capital reiterated a Buy rating and $46.00 price target on Urban Outfitters, Inc. (NASDAQ: URBN) following the company's 2Q16 earnings results. Q2 earnings were $0.52, exceeding Street estimates of $0.49. Total revenue increased 7% to $867M, compared to Street's $881M. The first couple weeks of August are off to a slower start as lower store comps are pulling down DTC sales that are trending in line with Q2 levels.... More
Wolfe Research Starts Urban Outfitters, Inc. (URBN) at Peerperform
August 17, 2015 4:29 PM EDTWolfe Research initiates coverage on Urban Outfitters, Inc. (NASDAQ: URBN) with a Peerperform rating and a price target of $34.00.
Analyst Adrienne Yih Tennant commented, " Tale of Two Brands. We are torn between URBNs two core brands: Urban Outfitters (UO) is coming... More
Urban Outfitters says comparable sales may be slower in third quarter
August 17, 2015 4:14 PM EDT(Reuters) - Urban Outfitters Inc(NASDAQ: URBN) on Monday said same-store sales growth so far in the third quarter was slower than in the previous three months, raising concerns about the apparel retailer's performance in the back-to-school shopping season.
The Philadelphia-based retailer reported second-quarter comparable sales growth of 4 percent on Monday, lower than the 4.3 percent rise analysts on average had expected, according to research firm Consensus Metrix.
Urban... More
Urban Outfitters (URBN) Tops Q2 EPS by 3c
August 17, 2015 4:01 PM EDTUrban Outfitters (NASDAQ: URBN) reported Q2 EPS of $0.52, $0.03 better than the analyst estimate of $0.49. Revenue for the quarter came in at $867 million versus the consensus estimate of $881.16 million. Comps increased 4%.
For earnings history and earnings-related data on Urban Outfitters (URBN) click here.
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