Urban Outfitters (URBN) Tops Q4 EPS by 2c

Urban Outfitters (NASDAQ: URBN) reported Q4 EPS of $0.60, $0.02 better than the analyst estimate of $0.58. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $1.01 billion.

Comps rose 6 percent.

As of January 31, 2015, total inventories increased by $47 million, or 15 percent, on a year-over-year basis. The growth in total inventories is primarily related to the acquisition of inventory to stock new and non-comparable stores as well as an increase in comparable Retail segment inventories. Comparable Retail segment inventories increased 7 percent at cost while decreasing 7 percent in units.

For earnings history and earnings-related data on Urban Outfitters (URBN) click here.

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