On Monday, Shares of Urban Outfitters, Inc. (NASDAQ:URBN), lost -0.28% to $32.23.
Urban Outfitters declared net income of $67 million and $100 million for the three and six months ended July 31, 2015, respectively. Earnings per diluted share were $0.52 and $0.76 for the three and six months ended July 31, 2015, respectively.
Total Company net sales for the second quarter of fiscal 2016 raised 7% over the same quarter last year to a record $867 million. Comparable Retail segment net sales, which comprise our comparable direct-to-consumer channel, raised 4%. Comparable Retail segment net sales raised 14% at Free People, 4% at Urban Outfitters and 2% at the Anthropologie Group. Wholesale segment net sales rose 21%.
“We are happy to declare record sales for the second quarter driven by positive retail segment comp growth at each brand,” said Richard A. Hayne, Chief Executive Officer. “Without question, the brands` strong execution of our long-term strategy assisted fuel that sales growth and laid the groundwork for future enhances, as well,” finished Mr. Hayne.
Urban Outfitters, Inc., a lifestyle specialty retail company, engages in the retail and wholesale of general consumer products. The company operates in two segments, Retail and Wholesale. It serves its customers directly through retail stores, Websites, mobile applications, catalogs, and customer contact centers.
Shares of Republic Airways Holdings Inc. (NASDAQ:RJET), inclined 1.30% to $3.90, during its last trading session.
Republic Airways Holdings Inc. (NASDAQ:RJET) declared that Executive Vice President and Chief Financial Officer Timothy P. Dooley will leave the Company on September 1 to pursue other interests. Mr. Dooley joined the Company in 1998 as Manager of Financial Planning and Analysis and was promoted to increasing levels of responsibility before being designated as CFO in April of 2011.
“It’s never an easy decision to move on after 17 years, but I feel confident making that decision knowing that I am leaving behind such a capable and dedicated leadership team,” said Mr. Dooley.
Republic has made noteworthy investments in its leadership team since last spring, with a focus on shaping the Company’s succession plan. In that effort, effective right away the Company is announcing the appointment of Joe Allman to Senior Vice President and Chief Financial Officer. Mr. Allman joined Republic in 2007 and served as Vice President and Corporate Controller, and then as Vice President of Finance and Treasurer since 2012. In addition to being a graduate of the U.S. Coast Guard Academy, where he earned a B.S. in Administration, Mr. Allman gained extensive finance operations experience in treasury, tax, accounting, internal audit and risk administration in his preceding administration positions with Deloitte LLP and London Witte Group LLC.
Republic Airways Holdings Inc., through its auxiliaries, provides planned passenger services. The company offers planned passenger service on about 1,229 flights daily to about 101 cities in the U.S. and Canada.
Finally, KLX Inc (NASDAQ:KLXI), ended its last trade with 1.64% gain, and closed at $39.56.
KLX Inc., will issue its financial results for the quarter ended July 31, 2015 preceding to the opening of the NASDAQ Stock Market on Tuesday August 25, 2015, and will hold a conference call to talk about the results at 9:00 a.m. Eastern Time on Tuesday, August 25, 2015.
KLX Inc., together with its auxiliaries, distributes aerospace fasteners and consumables, and provides logistics services for the commercial, business jet, and military markets worldwide. It operates through two segments, Aerospace Solutions Group (ASG) and Energy Services Group (ESG).
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.