Wednesday, August 17, 2016

Urban Outfitter back in favor

Urban Outfitter Inc. turned in a better-than-expected performance in the second quarter amid increased sales and fewer promotions and markdowns.
 
Same-store sales rose 1%, also better than expected, fueled by a 5% increase at the company’s namesake brand. Same-store sales were flat at Free People, and fell 3% at the Anthropologie division.. . . more

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