Urban Outfitters posts upbeat results in Q2

Urban Outfitters (URBN) reported a 86% jump in earnings for the second quarter driven by higher revenue, lower markdowns at all three brands and strong retail segment comparable sales. The top and bottom line exceeded analysts’ expectations. Following this, the stock rose more than 2% in the after-hours session. Earnings climbed by 86% to $92.8 … Continue reading Urban Outfitters posts upbeat results in Q2