Urban Outfitters Q2: Nuuly's Growth Is Exciting (Rating Upgrade)

JHVEPhoto Urban Outfitters, Inc. (NASDAQ:URBN) reported the company's fiscal Q2 results on the 21st of August in post-market hours. The company reported soft comparable sales, understandably sending Urban Outfitters' stock down 10%. I previously wrote an article on the stock, titled "Urban Outfitters: Store Growth Doesn't Fix Underlying Issues." In the article, published on the 13th of March, I initiated Urban Outfitters at a Sell rating due to the company's weak underlying brand performance and its effect ...