Urban Outfitters URBN released its fiscal first-quarter results after the closing bell on Monday. The company reported net income of $33.96 million or $0.23 per share, compared to $38.62 million or $0.23 per share, in last year's corresponding quarter. This came in ahead of Wall Street analysts' consensus EPS estimates of $0.20.
Net sales in the quarter were $568.93 million from $524.02 million last year. This missed analysts' consensus revenue estimates of $579.33 million. Comparable store net sales fell 1% in the quarter.
In Monday's after hours trading session, URBN shares were last trading up 5.66% to $27.64. The stock closed the regular trading session with a gain of 2.11% and closed at $26.16.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in