Urban Outfitters (URBN) Reports Negative Comps, Piper Jaffray Reiterates Neutral

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Urban Outfitters (URBN) Holiday Comps Fell 2%

January 7, 2016 5:49 PM EST

Urban Outfitters, Inc. (URBN) said net sales for the two months were flat over the same period last year. Comparable Retail segment net sales, which include our comparable direct-to-consumer channel, decreased 2%. Comparable Retail segment net sales increased 2% at Free People and decreased 2% at Urban Outfitters and the Anthropologie Group, respectively. Wholesale... More