— Urban Outfitters, Inc. (NASDAQ:URBN) reported earnings of $0.50 per share in the fourth quarter of 2020 vs. $0.63 per share expected.
— Q4 net sales grew 3.6% to $1.17 billion, in line with Wall Street projection.
— Comparable Retail segment net sales increased 4%, driven by growth in the digital channel.
— Total retail segment net sales increased 4%, while wholesale segment net sales decreased 10% in Q4.
— URBN shares tumbled 5.8% during after-market hours on Tuesday.