Urban Outfitters reports Q3 EPS $1.10, consensus 85c

Reports Q3 revenue $1.36B, consensus $1.34B. Comparable retail segment net sales increased 1.5%. “We are pleased to announce record third quarter sales and earnings, both of which exceeded our expectations. These results were driven by outperformance across all three business segments – Retail, Subscription and Wholesale,” said Richard A. Hayne, CEO. “Additionally, we’re optimistic about the outlook for Holiday demand and believe total comparable sales could be similar to our third quarter results,” finished Hayne.

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