Urban Outfitters Stock Sinks Despite Better-Than-Expected Q2 Results
1. URBN reported Q2 earnings of $1.58, beating estimates of $1.48. 2. Quarterly revenue reached $1.5 billion, exceeding the $1.47 billion forecast. 3. Total Retail segment net sales rose by 7.8%, comparable sales by 5.6%. 4. Subscription net sales surged by 53.2% due to increased subscribers. 5. URBN stock declined 10.91% post-results despite strong performance.