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Free People boosts Urban Outfitters results in first half

American fashion group Urban Outfitters, Inc. (UO) saw increases in both revenue and profit in the first half of the year. UO is the parent company of retailers Anthropologie and Urban Outfitters, fashion brand Free People and clothing rental company Nuuly. The group's revenue rose by 11 percent in the first six months. This resulted in record...

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Business

Urban Outfitters holiday sales increase by 10 percent

Urban Outfitters net sales for the two and eleven months increased by 10 percent and 7 percent, respectively. After the company reported positive set of results, Jefferies analyst Corey Tarlowe increased the company's share price target, from 36 dollars to 40 dollars while maintaining an Underperform rating on the stock. According to a...

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