PHILADELPHIA (AP) — PHILADELPHIA (AP) — Urban Outfitters Inc. (URBN) on Wednesday reported fiscal first-quarter earnings of $108.3 million.
The Philadelphia-based company said it had net income of $1.16 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share.
The clothing and accessories retailer posted revenue of $1.33 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $1.29 billion.
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