Urban Outfitters (URBN) is certainly making a statement with its stellar earnings report.
The hipster retailer, which operates under the Anthropologie, BHLDN, Free People, Terrain and Urban Outfitters brands, earned $61 million, or 42 cents a share, in the latest quarter. And total sales jumped 11% to $676 million.
Analysts piled on with the kudos. At least three raised their price targets and two issued upgrades.
But StockTwits users weren't as euphoric.
That may be true, but for now, Urban Outfitters has managed to get itself on the turnaround train.
The perfect price point is a tough thing to get right but Urban Outfitters has done a good job of managing its stock (and I don't mean Wall Street).
Not a member yet?Sign up now for a free account
|People are now bending iPhones in Apple Stores|
|'Crouching Tiger' sequel to hit Netflix and theaters simultaneously|
|Microsoft introduces Windows 10|
|5 investing secrets of the wealthy that everyone should follow|
|EBay spinning off PayPal as separate company|