Urban Outfitters (URBN) Q4 Earnings Miss, Sales Improve Y/Y

Urban Outfitters, Inc. (URBN) reported results for fourth-quarter fiscal 2024, wherein the bottom line missed the Zacks Consensus Estimate but improved from the prior fiscal year’s quarterly levels.Shares of this Philadelphia, PA-based player have increased 32.4% in the past three months compared with the industry’s 17% growth.Deeper InsightThis lifestyle-specialty retailer delivered adjusted earnings per share of 69 cents, lagging the Zacks Consensus Estimate of 73 cents. However, the bottom line increased ...