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BMO Lowers Earnings Estimates For Urban Outfitters
Thursday, July 7, 2016 - 1:35pm | 248John Morris of BMO Capital Markets turned incrementally bearish on Thursday when he revised his estimates for Urban Outfitters, Inc. (NASDAQ: URBN) due to a now weaker than expected average unit revenue (AUR) outlook for the second quarter. According to Morris, a higher level of promotional...