Urban Outfitters Q1 sales exceeded estimates, driven by Anthropologie and Free People brands, despite a 12% drop at their namesake brand.
Urban Outfitters' Q1 sales exceeded estimates, boosted by Anthropologie and Free People brands, with digital sales driving growth. Despite a 12% drop in sales at Urban Outfitters' namesake brand, Free People and Anthropologie's higher-than-expected sales offset the decline. The company's shares rose 8.2% in extended trading.
May 21, 2024
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