Flash ReportUrban Outfitters (URBN) 2Q 2016 RESULTS: SOLID PERFORMANCE, SIGNIFICANT MARGIN IMPROVEMENT Coresight Research August 17, 2016 Executive Summary Urban Outfitters reported 2Q 2016 EPS of $0.66 versus last year’s $0.52, and beat the consensus estimate of $0.55. Reported revenues were $890.6 million, up 3% year over year and exceeded expectations of $885.9 million, driven by a wholesale net sales increase of 4%. The upside in the quarter was driven by somewhat better comps, but more so by lower markdowns at Urban Outfitters and Anthropologie. The company also saw significant growth in its emerging categories like home, beauty, intimates and music. The beauty category continued to see compounded comp growth and higher penetration in the total business. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Retail Shrink and ORC: Cargo Theft Hits Record Levels in the US, Retail Crime Costs Soar in the UKHigh-Income Consumers Drive Uptick in Financial Optimism; Inflation Awareness Down Versus Early 2025: US Consumer Survey InsightsInnovator Profile: Sotira—Managing Reverse Logistics and Offloading Surplus Inventory with AIShoptalk Spring 2025: Day One—Creating Value Is Critical to Success; Tech-Powered Personalization Permeates Panel Discussions
