Urban Outfitters (URBN) Misses Q1 EPS by $1.21, Revenues Miss
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URBN Reports Preliminary Q1 Results
May 19, 2020 4:05 PM EDTPHILADELPHIA, May 19, 2020 (GLOBE NEWSWIRE) -- Urban Outfitters, Inc. (NASDAQ: URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands comprised of Anthropologie, BHLDN, Free People, Terrain, Urban Outfitters and Nuuly brands and the Menus & Venues division, today announced a preliminary net loss of $138 million and preliminary loss per diluted share of $1.41 for the three months ended April 30, 2020.
The impact of the coronavirus pandemic (COVID-19) on the Companys business has resulted in the need to perform impairment assessments of the Companys long-lived assets. These... More
