Company Earnings UpdateUrban Outfitters (NYSE: URBN) 2Q19 Results: Sales and Comps Below Expectations Due to Softer Women’s Apparel Assortment Coresight Research August 22, 2019 Executive Summary Urban Outfitters reported fiscal 2Q19 revenues of $962.3 million, lower than the consensus estimate of $980.6 million and down 3% year over year. The company reported 2Q19 earning per share (EPS) of $0.61, above the consensus estimate of $0.58 and down 27.4% from the year ago period. Comparable net sales decreased 3%, compared to the consensus estimate of down 2%, driven by negative retail store sales growth, partially offset by growth in digital. Management said 3Q19 should bring improved comps driven by improved assortments in the apparel category. Gross margin for 3Q19 could decline by approximately 200 basis points. 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: US CPG Sales Tracker: Sharp Beauty Rise Drives CPG Growth in December 20242026 Sector Outlook: Global and US Luxury Goods Retailing—Rebound Despite Challenges in Shopper BaseAI in Retail: What’s Now and What’s Next—Premium Subscriber Call, November 2025Economic Sentiment Turns Positive Ahead of Tariff Deadline; Plus, Department Store Shopping in Focus: US Consumer Survey Insights
