Urban Outfitters (URBN) Tops Q3 EPS by 34c, Revenues Beat

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URBN Profits Jump 38% and Produce Record Q3 EPS

November 23, 2020 4:05 PM EST

PHILADELPHIA, Nov. 23, 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, FP Movement, Terrain, Urban Outfitters, Nuuly and Menus & Venues brands, today announced net income of $77 million and record earnings per diluted share of $0.78 for the three months ended October 31, 2020. For the nine months ended October 31, 2020, net loss was $27 million and loss per diluted share was $0.28.

Total Company net sales for the three months ended October 31, 2020, decreased... More