MAY 22·Benzinga▲
Urban Outfitters Edges Up On Q1 Beat As Comparable Sales Increase Across Brands
Urban Outfitters (NASDAQ: URBN) reported a strong first quarter, beating consensus estimates for both earnings and revenue. The company saw comparable retail segment net sales increase across all its brands, driven by growth in both digital and in-store channels, as well as significant increases in its Subscription and Wholesale segments. CEO Richard A. Hayne expressed confidence in continued success, noting strong customer engagement and positive responses to fashion trends.
MAY 21·Morningstar→
Executives from Google, Kaiser Permanente and Urban Outfitters Join GS1 US Board of Governors
GS1 US has announced the addition of three new executives to its Board of Governors: Senthil Subramanian from Google, Steven Chyung from Kaiser Permanente, and Omar A. Tovar from Urban Outfitters, Inc. These leaders will bring their expertise in digital transformation, supply chain operations, and global logistics to help guide GS1 US in advancing the adoption and use of GS1 Standards. The board aims to drive digital innovation initiatives and enhance supply chain excellence across various industries.