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Fly News Breaks for August 18, 2015
URBN
Aug 18, 2015 | 07:47 EDT
After Urban Outfitters reported higher than expected Q2 EPS, Stifel notes that the company's store sales weakened in August versus Q2. The firm thinks that the weakness could be driven by this year's later Labor day and says it is not a cause for concern. The firm continues to believe that fears about the company's Anthropologie unit are "unfounded," and it keeps a Buy rating on the shares.
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