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Shares of Urban Outfitters (NASDAQ:URBN) rose after the company reported Q1 results.
Quarterly Results
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Earnings per share were up 142.52% over the past year to $0.54, which beat the estimate of $0.17.
Revenue of $927,415,000 rose by 57.59% year over year, which beat the estimate of $900,150,000.
Guidance
Urban Outfitters hasn't issued any earnings guidance for the time being.
Urban Outfitters hasn't issued any revenue guidance for the time being.
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Technicals
52-week high: $41.95
52-week low: $14.41
Price action over last quarter: down 2.23%
Company Overview
Founded in 1970, Philadelphia-based Urban Outfitters is an apparel and home goods retailer that operates more than 600 stores and e-commerce in North America and Europe under the Urban Outfitters, Free People, FP Movement, Anthropologie, Terrain, and Bhldn brands. It also sells products through a wholesale operation, owns some restaurants, and operates a clothing rental business. Urban Outfitters primarily markets to young adults and offers products in categories such as women's and men's apparel, home goods, shoes, wedding, and outdoors.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.