Urban Outfitters After The Stock Market Crash Results Slightly Worse Than Expected

The women's clothing brand Ann Inc. (NYSE:ANN) was stimulated by high price acquisitions, and the Urban Outfitters Inc. share price rose 2.85% on Monday, at 40.72 US dollars.

US youth apparel retailer Urban Outfitters Inc. (NASDAQ:URBN) recently released its first quarter results, due to profits and revenues reaching Wall Street analysts' expectations.

After the crash, the deadline dropped by 16.43% to $34.03.

As of the first quarter of April 30, 2015,

Inc. earnings per share recorded $0.25, down 3.8% from the same period last year, far below analysts' expectations of $0.30. Revenue recorded $739 million, up 7.7% from the same period last year, which is far worse than analysts' expectations of $757 million 100 thousand.

In the first quarter, Urban Outfitters Inc. rose 4% overall in the same store. Brand Free People is still the best brand in the group, the brand in the first quarter.

There was an increase of 14%, while the group name brand Urban Outfitters grew by 5% in the same store and 1% Group in Anthropologie Group; wholesale business grew 17.7% to 54 million 1 thousand dollars in the first quarter, compared with 45 million 880 thousand US dollars in the same period last year.

The gross profit margin of Urban Outfitters Inc. fell sharply in the first quarter, down 141 basis points to 33.3% compared with the same period last year. The company said it was mainly due to the decline in gross margin of the Urban Outfitters brand and the higher delivery and performance costs of the group as a whole. In the first quarter, the group's stock grew by 14%, which was close to the sales growth.