Joined Nov 11, 2007
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$URBN Falls on Weak Quarterly Results

“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%…”

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