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Urban Outfitters reports Q2 EPS $1.10, consensus 89c

Reports Q2 revenue $1.27B, consensus $1.25B. By brand, comparable retail segment net sales increased 26.9% at the Free People Group and 10.6% at the Anthropologie Group and decreased 14.1% at Urban Outfitters. “We are proud to report record second quarter sales that helped drive a 72% increase in EPS,” said Richard A. Hayne, Chief Executive Officer. “Also gratifying is that Q2’s sales strength has continued to date in Q3,” finished Mr. Hayne.

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