Urban Outfitters Inc. (URBN) reported first quarter EPS of $0.32 after the close Monday, up from $0.23 a year ago. The consensus estimate was for EPS of $0.29. Net sales increased by 14% to $648 million. The consensus estimate was for revenues of $655.08 million. The stock is now down 1.07 on 125K shares.
Urban Outfitters traded in a range for the majority of Monday's session and closed down by 0.05 at $44.49. The stock pulled back slightly from the highs of the year.
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