Urban Outfitters IncReported record Q1 sales and earnings, revenue up 11.4% to $1.48 billion, beating estimates.
Urban Outfitters reported record first-quarter sales and earnings, with revenue rising 11.4% year on year to $1.48 billion, beating analyst estimates by 1.4%. The company was one of eight apparel retailers tracked by StockStory that collectively exceeded revenue consensus by 1% and issued in-line guidance for the next quarter. Among the group, Tilly's delivered the strongest performance with revenue up 15.9% to $124.7 million and the biggest analyst beat, while Lululemon was the weakest, missing full-year EPS guidance and seeing its stock fall 15.6%. Abercrombie & Fitch and American Eagle posted mixed results, with revenue of $1.11 billion and $1.20 billion respectively. On average, share prices of the eight retailers have held steady, rising 1.8% since the latest earnings reports.
Urban Outfitters IncReported record Q1 sales and earnings, revenue up 11.4% to $1.48 billion, beating estimates.
Lululemon Athletica Inc.Missed full-year EPS guidance and stock fell 15.6%, making it the weakest performer.
Tillys IncDelivered strongest performance with revenue up 15.9% to $124.7 million and biggest analyst beat.
American Eagle Outfitters IncReported mixed results with revenue of $1.20 billion, but no clear positive or negative impact from the article.
Abercrombie & Fitch CompanyReported mixed results with revenue of $1.11 billion, but no clear positive or negative impact from the article.