Urban Outfitters (URBN) Shares Dropped 12% Despite Q3 EPS Beat, Positive November Outlook

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Urban Outfitters (URBN) Tops Q3 EPS by 5c

November 22, 2021 4:07 PM EST

Urban Outfitters (NASDAQ: URBN) reported Q3 EPS of $0.89, $0.05 better than the analyst estimate of $0.84. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.12 billion.

Comparable Retail segment net sales increased 14%, driven by strong double-digit growth in digital channel sales, partially... More