Thursday, November 6, 2008

URBN ($18.25)

From Briefing.com:
Urban Outfitters Q3 comp sales increase 10%; co reports Q308 net sales (URBN) 20.13 : Reports Q3 (Oct) net sales increased 26% year/year to $477.95 mln vs the $476.42 mln First Call consensus. Co reports comparable store sales increased 10% during the quarter.

Albeit, completely out of Urban it is still a well managed company that executes so at some price point it will warrant another position.

No comments: