Reports Q1 revenue $1.48B, consensus $1.46B. Total retail segment net sales increased 8%, with comparable retail segment net sales increasing 5.6%. “We are pleased to report record first quarter sales and earnings driven by positive retail segment ‘comps’ at all brands and impressive double-digit growth in both our Wholesale and Subscription segments,” said Richard Hayne, CEO. “Our customers remain engaged and are responding to compelling fashion trends, giving us confidence in URBN‘s continued success,” finished Hayne.
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