Urban Outfitters Earnings Preview: Foot Traffic Declines And Namesake Brand Weakness To Weigh On Results

Owing to persistent weakness in its namesake brand, along with an industry-wide fall in foot traffic, Urban Outfitters' comparable sales remained flat during the first two quarters of fiscal 2015. In a business update last month, the retailer said that its comparable sales were trending negatively in the third quarter. Therefore, we believe that Urban Outfitters' Q3 fiscal 2015 results won't be too promising.