568
Вакансии
PRIMARK
People & Culture Supervisor
Permanent · WARSAW
CALZEDONIA GROUP
Kierownik Salonu / ch Promenada / Warszawa / Nowe Otwarcie
Permanent · WARSAW
H&M
Advanced User
Permanent · ROBAKOWO
H&M
Group Leader/ Lider Grupy
Permanent · CHLEBNIA
H&M
Advanced User
Permanent · CHLEBNIA
ESSILORLUXOTTICA GROUP
Sales Representative
Permanent · KRAKÓW
ESSILORLUXOTTICA GROUP
Cee Operations Controller
Permanent · KRAKÓW
ESTÉE LAUDER COMPANIES
IT Business Partner
Permanent · WARSAW
LEVI'S
Customer Relations Specialist (Otc) M/W/D
Permanent · WARSAW
MICHAEL KORS
Sales Supervisor, Poland, Lodz- Full Time
Permanent · ŁÓDŹ
LIMANGO
Product Owner - Fully Remote Possible
Permanent · WROCŁAW
L'OREAL GROUP
Senior Brand Manager Maybelline New York
Permanent ·
NEWELL
Sales And Operations Planner
Permanent · POZNAŃ
L'OREAL GROUP
Country Digital Project Manager
Permanent · WARSAW
RITUALS
Rituals - Office Coordinator (Warsaw)
Permanent · WARSAW
AVON
Product Safety/Integrity & Regulatory Affairs
Permanent · WARSZAWA
TK MAXX
Pracownik ds. Ochrony Tkmaxx Port Łódź/Pełen Etat
Permanent · ŁÓDŹ
TK MAXX
Pracownik ds. Ochrony Tkmaxx Wrocław Renoma/Pełen Etat
Permanent · WROCŁAW
TK MAXX
Pracownik ds. Ochrony Tkmaxx Wrocław Bielany/Pełen Etat
Permanent · WROCŁAW
L'OREAL GROUP
Project Manager & Administration
Permanent · WARSAW
L'OREAL GROUP
Community Advocacy Specialist, l’Oréal Luxe
Permanent · WARSAW
PANDORA
Business Consultant, Fico Sap Solutions
Permanent · WARSAW
Автор
Reuters
Опубликовано
13 июн. 2018 г.
Время чтения
2 минут(-а,-ы)
Скачать
Загрузить статью
Печать
Размер текста

Urban Outfitters' upbeat quarterly forecast spurs price target hikes

Автор
Reuters
Опубликовано
13 июн. 2018 г.

Shares of Urban Outfitters Inc rose nearly 4 percent on Tuesday after at least four brokerages raised their price targets following the company’s upbeat quarterly same-store sales forecast at its retail business.


All brands under the Urban Outfitter umbrella reported better-than-expected same-store sales growth for the first quarter - Photo: Free People



The owner of Anthropologie and Free People clothing chains said same-store sales so far in the second quarter had climbed to the mid-teens percentage range. The company’s stock rose to $48.79 pre-market after the news from a regulatory filing.

The forecast was a nice surprise for analysts, who were bullish on the company’s outlook.
KeyBanc analyst Edward Yruma said the same-store sales growth was an acceleration of at least 4 percentage points compared to first-quarter comparable sales growth.

“The company has been very disciplined in its store footprint and, most importantly, is well positioned given its already high e-commerce penetration,” Yruma, who raised his price target on the stock by $10 to $55, wrote in a note.

“Believe Urban Outfitters remains one of the best positioned companies in apparel.”

J.P. Morgan analysts also said the forecast had exceeded their expectations of low-double-digit growth.
All brands under the Urban Outfitter umbrella reported better-than-expected same-store sales growth for the first quarter, last month.

While many retailers including Urban Outfitters struggled with unseasonably cold weather in the first quarter, hampering same-store sales growth, they have all cited improvement with the start of the spring season.

“We see Urban Outfitters’ update as an additional indication that the second quarter is off to a solid start across the group,” Telsey Advisory Group analyst Dana Telsey wrote in a note. She boosted her target to $53 from $42.

The median target price on Urban Outfitter’s stock is $47, up 18 percent from just a month ago.
Still, some analysts are on the fence in recommending the stock. At least 12 out of 22 brokerages rate the stock “hold,” while nine rate it “buy” or higher. One analyst has a “sell” rating.

© Thomson Reuters 2024 Все права защищены.