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Urban Outfitters (URBN): Q4 2020 Earnings Snapshot

— 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 […]

March 3, 2020 1 min read

— 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 […]

Urban Outfitters Q4 2020 earnings

— 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.  

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