18.60 -0.42 (-2.21%)
After hours: 4:50PM EDT
|Bid||18.94 x 900|
|Ask||19.03 x 800|
|Day's Range||17.82 - 19.05|
|52 Week Range||12.28 - 31.41|
|Beta (5Y Monthly)||1.29|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug. 25, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||19.81|
Shares of several upscale retail-chain operators were rising on Tuesday, on growing investor optimism after Macy's (NYSE: M) announced a significant refinancing deal. News that troubled department-store giant Macy's has secured a major refinancing deal seemed to be giving investors reason to bid up battered retail stocks on Tuesday.
In this episode of MarketFoolery, Chris Hill and Motley Fool analyst Ron Gross discuss all things retail. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. Ron Gross: Good to see you, Mr. Chris Hill.
Urban Outfitters (NASDAQ: URBN) reported decreasing sales in its first quarter, but a strong digital program saw gains. As an apparel retailer, Urban Outfitters' net sales decreased 31.9% in the first quarter year over year to $588 million. By segment, there was a 19% decrease at Free People, 24% at Urban Outfitters, and 33% at Anthropologie.
Shares of Urban Outfitters (NASDAQ: URBN) were sliding today after the apparel retailer posted a disappointing preliminary first-quarter earnings report Tuesday night. Sales fell sharply as the company was forced to close stores across the country due to the COVID-19 pandemic. At Free People, Urban Outfitters, and Anthropologie, they were down 19%, 24%, and 33%, respectively.
Image source: The Motley Fool. Urban Outfitters Inc (NASDAQ: URBN)Q1 2021 Earnings CallMay 19, 2020, 5:15 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, ladies and gentlemen.
PHILADELPHIA, May 19, 2020 -- Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands.
NEW YORK, NY / ACCESSWIRE / May 19, 2020 / Urban Outfitters, Inc. (NASDAQ:URBN) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 19, 2020 at 5:15 PM ...
Shares of several retail-chain operators were trading higher on Monday, amid a broad-based market rally driven by promising news from an early COVID-19 vaccine trial. While the data is very preliminary, and an approved, mass-produced vaccine is still many months away (at best), investors took it as good news and bid up shares of many companies that have been hit hard over the last couple of months. American Eagle Outfitters said in early May that it had reopened 43 of its brick-and-mortar stores and that it planned to have about 600 locations open by the end of May. The company raised a bit over $400 million via a bond offering in late April to bolster its balance sheet until all of its stores reopen.
Urban Outfitters (NASDAQ: URBN) might be among the best positioned speciality retailers in the market right now, but one analyst sees a "real bloodbath" on the horizon, and she slashed her price target for the retailer from $23 down to $15 per share. It's the latest, but most significant, revision by MKM Partners analyst Roxanne Meyer, who has tweaked her fair value of the apparel retailer several times over the last six months. It also brings her valuation in line with those of analysts at J.P. Morgan and Deutsche Bank, who cut their price targets over the last few weeks to $18 and $16, respectively.
Shares of several upscale apparel retailers were sliding along with much of the broader market on Wednesday, after Federal Reserve Chairman Jerome Powell shared concerns about the outlook for the U.S. economy in remarks on Wednesday morning. Tapestry (NYSE: TPR) was down 10.9%. Urban Outfitters (NASDAQ: URBN) was down 5.4%.
Urban Outfitters' (URBN) first-quarter fiscal 2021 results are expected to reflect the impacts of the coronavirus outbreak as its global retail stores remain closed.
Urban Outfitters (URBN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
What happened Shares of several apparel and home-goods retailers were moving up on Friday, as stores continued to reopen in parts of the United States and restrictions on retail activity eased. Here's where these four companies' stocks ended when the market closed on Friday.
Shares of Urban Outfitters (NASDAQ: URBN) were rising on Thursday on growing investor optimism about the recovery of brick-and-mortar retailers as U.S. states continued to lift restrictions on travel. As of 1:45 p.m. EDT, Urban Outfitters' shares were up about 4.2% from Wednesday's closing price. Urban Outfitters' shares didn't appear to be moving on any news or issues specific to the company.
Several upscale apparel and retail companies were trading lower on Friday, on investor concerns about the prospects for premium retail following the coronavirus pandemic and a new report that J.Crew is preparing to file for bankruptcy. Urban Outfitters (NASDAQ: URBN) was down about 3.2%. All were down, along with many other retail stocks, on broad concerns about the prospects for brick-and-mortar retail as stores gradually begin to reopen in coming weeks, the prospects specifically for upscale full-price retail given the job losses of the past two months, and concerns about the growing list of retail operators that are reportedly preparing for bankruptcy filings.
Ralph Lauren (NYSE: RL) was down 8.8%. Urban Outfitters (NASDAQ: URBN) was down 7.5%. Apparel retailers (a category that includes most department-store chains nowadays) have been clobbered since the outbreak of the COVID-19 virus in North America.
What happened Shares of several brick-and-mortar retail chains were moving up on Wednesday after the biggest U.S. mall operator confirmed that it will reopen malls and outlet centers in 10 states over the coming weekend.
Retailer Urban Outfitters missed expectations in its first quarter preliminary earnings report, largely due the impact of coronavirus. However, there is optimism as same-store sales in May are trending higher. Yahoo Finance's Emily McCormick breaks down the details.
Urban Outfitters released its first quarter earnings report after hours on Tuesday, missing on both top and bottom lines. The company offered no guidance for its second quarter, citing that with the impact of the coronavirus, the company would need to perform impairment assessments on its assets. Yahoo Finance’s Myles Udland breaks down the earnings report on The Final Round.
J.Crew has filed for chapter 11 bankruptcy amid the coronavirus outbreak. Yahoo Finance’s Emily McCormick joins Seana Smith to discuss what this means for the retail sector.
Yahoo Finance’s Sibile Marcellus joins Seana Smith to break down a new study from LinkedIn revealing how the coronavirus is impacting hiring in the retail industry.