UPDATE: Urban Outfitters Posts Downbeat FQ3 Profit
Posted on November 19, 2012 at 23:47 PM EST
Urban Outfitters (NASDAQ: URBN ) reported a rise in its fiscal third-quarter profit. Urban Outfitters' quarterly profit climbed to $59.5 million, or $0.40 per share, versus $50.7 million, or $0.33 per share, in the year-earlier period. Its revenue surged to $692.9 million from $609.9 million, while same-store sales dropped