“NEW YORK (TheStreet) – Urban Outfitters (URBN_), owner of Anthropologie, Free People and its name brand, fell in after-hours trading as sales growth fell short of analyst expectations.
Shares were falling 3.1% in after market trading after closing Monday at $44.49 per share.
The Philadelphia-based specialty retailer said revenue rose 14% for the three months ended April 30 to a record $648.1 million, less than an average forecast of $655.1 million, according to according to Yahoo! (YHOO_) Finance. Profit jumped 39%…”
If you enjoy the content at iBankCoin, please follow us on Twitter
