Earnings Results: Urban Outfitters is ‘confident’ about the holidays — except at its namesake stores

United States

Hipster-leaning clothing retailer Urban Outfitters Inc. on Tuesday reported third-quarter results that beat expectations, helped by wealthier shoppers at its Anthropologie and Free People stores. Executives signaled optimism for the holidays and rebounding demand that has kept it from selling clothing at deeper discounts.

But during the company’s earnings call, executives noted what they said was a “slight moderation in demand” starting early last month. And as with previous quarters, they were less optimistic about the…

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