PHILADELPHIA (AP) — PHILADELPHIA (AP) — Urban Outfitters Inc. (URBN) on Wednesday reported fiscal second-quarter net income of $143.9 million.
On a per-share basis, the Philadelphia-based company said it had profit of $1.58.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share.
The clothing and accessories retailer posted revenue of $1.5 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $1.48 billion.
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