Urban Outfitters' Earnings Preview: Improved Consumer Spending, Strong Anthropologie & Free People Brands Will Drive Growth

Urban Outfitters is one of the few apparel retailers in the U.S., who performed very well last year despite the edgy retail environment. With its strong brands and a preppy product range, the retailer was able to drive sufficient store traffic even when U.S. buyers had scaled back their spending on apparel. However, consumer spending has improved notably this year driven by improved consumer confidence and better employment scenario. This is likely to bolster Urban Outfitters' Q1 fiscal 2015 res...