Reports Q3 revenue $1.36B, consensus $1.34B. Comparable retail segment net sales increased 1.5%. “We are pleased to announce record third quarter sales and earnings, both of which exceeded our expectations. These results were driven by outperformance across all three business segments – Retail, Subscription and Wholesale,” said Richard A. Hayne, CEO. “Additionally, we’re optimistic about the outlook for Holiday demand and believe total comparable sales could be similar to our third quarter results,” finished Hayne.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on URBN:
- Urban Outfitters options imply 7.4% move in share price post-earnings
- Notable companies reporting after market close
- URBN Upcoming Earnings Report: What to Expect?
- Citi Raises Urban Outfitters (NASDAQ:URBN) Stock Price Target & Sets “Positive Catalyst Watch”
- Citi ups Urban Outfitters target, opens ‘positive catalyst watch’