Urban Outfitters Hits Numbers, but Wall Street Yawns (URBN, ANF, GPS, JCP)
Posted on November 13, 2008 at 12:24 PM EST
Urban Outfitters Inc. (URBN) just reported that its third quarter profits rose 31% to $59.3 million, or 35 cents per share, from $45.4 million, or 27 cents per share, last year. The company had an impressive 17 percent same-store sales jump in October at its stores. The company expects “rigorous management” of inventory to position itself [...]