Flash Report 3 minutesRegister for Free AccessUrban 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? Register for a free user account. This document was generated for Other research you may be interested in: 2023 US Tax Tracker #2: IRS Issues $127.3 Billion in Refunds, Number of Returns Up by 10.6%Livestreams Yet To See a Singles’ Day Surge: China Consumer Survey InsightsNext-Generation Pricing, Demand Forecasting and Inventory Planning: Insights Presented at Groceryshop 2024CES 2024: Pre-Conference Insights on AI, Health, Inclusivity and Sustainability—A Powerhouse Quartet of Innovation