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Investors with an interest in Retail - Apparel and Shoes stocks have likely encountered both Urban Outfitters (URBN) and Boot Barn (BOOT). But which of these two stocks is more attractive to value investors?
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I upgrade Urban Outfitters to buy with a $96 price target, as the turnaround is now firmly established. Strong same-store sales and margin improvements, plus Nuuly's growth and profitability, support sustainable 10% earnings growth through 2027. Valuation remains attractive at under 11x P/CE and a 0.7x PEG, with consensus targets lagging behind the company's improving fundamentals.
The major indexes fell as U.S. debt fears lifted Treasury yields. Tesla and key rivals were in focus.
Urban Outfitters, Inc. soared after posting strong Q1 results, showcasing a return to growth for all of its core brands. The company's comp sales growth is driven by higher traffic instead of price increases. The company plans to "gently and sparingly" raise prices to offset tariff impacts. Including proposed pricing changes, Urban Outfitters expects only a 20bps hit to gross margin from tariffs.
The apparel retailer hasn't seen any indications of a ‘demand slowdown,' says the CEO.
Urban Outfitters (URBN 22.45%) stock exploded 21.4% higher through 11 a.m. ET Thursday after demolishing Q1 earnings forecasts last night.
URBN's Q1 results reflect y/y gains in earnings and sales, fueled by strategic initiatives to strengthen customer engagement.
Urban Outfitters, Inc. (NASDAQ:URBN) shares jumped 22% on Thursday morning after the apparel retailer reported better-than-expected earnings and revenue for its fiscal first quarter, driven by strong performance across all its brands and a sharp rise in profitability. The company posted net income of $108.3 million, up 75.3% from the year-ago period, while revenue climbed 10.7% to a record $1.33 billion, beating Wall Street expectations of $1.29 billion.
Urban Outfitters, Inc. URBN posted better-than-expected first-quarter results after Wednesday's closing bell.