Urban Outfitters (URBN) Tops Q2 EPS by 75c

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URBN’s Q2 Profits Rebound Sharply

August 25, 2020 4:05 PM EDT

PHILADELPHIA, Aug. 25, 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 the Anthropologie, BHLDN, Free People, Terrain, Urban Outfitters, Nuuly and Menus & Venues brands, today announced net income of $34 million and earnings per diluted share of $0.35 for the three months ended July 31, 2020. For the six months ended July 31, 2020, net loss was $104 million and loss per diluted share was $1.06.

Total Company net sales for the three months ended July 31, 2020, decreased 16.5% over the same period last... More