Thursday, June 8, 2017

Urban Outfitters' Q2 Is Already Worse Than Anticipated

Image result for urban outfittersLess than a month after Urban Outfitters' reported a first-quarter 3.1% same-store sales decline, the youth-focused apparel retailer disclosed that current-quarter comps are tracking even more poorly so far.

"Thus far during the second quarter of fiscal 2018, comparable Retail segment net sales are high single-digit negative," said the company in a regulatory filing.. . . more

No comments: