Urban Outfitters (URBN) reports quarterly earnings after hours. Analysts expect revenue of $836.23 million and EPS of $0.30. The revenue estimate implies 10% growth Y/Y. Last quarter the company generated revenue of $1.1 billion, which was up 6% Y/Y. Double-digit growth this quarter would be an improvement.
Last quarter the company's retail and wholesale operations both grew 6%. There is a fashion component to Urban Outfitters' business model and fashion is very fickle. In the past management has had its finger on the pulse of current fashion trends. Last quarter revenue from its brands also grew in the mid single-digit range. Urban Outfitters' revenue was up 5%, Anthropologie Group was up 5%, and Free People wholesale revenue was up 6%.
