BofA Securities Reiterates Buy Rating on Urban Outfitters, Inc. (URBN)

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Go back to BofA Securities Reiterates Buy Rating on Urban Outfitters, Inc. (URBN)

URBN Reports Record Q1 Sales and Earnings

May 21, 2024 4:05 PM EDT

PHILADELPHIA, May 21, 2024 (GLOBE NEWSWIRE) -- Urban Outfitters, Inc. (NASDAQ: URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands including the Anthropologie, Free People, FP Movement, Urban Outfitters and Nuuly brands, today announced net income of $61.8 million and record first quarter earnings per diluted share of $0.65 for the three months ended April 30, 2024. For the three months ended April 30, 2024, adjusted net income was $65.5 million and adjusted earnings per diluted share were $0.69. Adjusted net income and earnings per diluted share for the three months ended April 30, 2024, excludes store... More