Every material Form 8-K Urban Outfitters filed with the SEC in 2016, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Urban Outfitters reported record third-quarter net sales of $862 million for the three months ended October 31, 2016, up 5% from a year earlier, but quarterly net income fell to $47 million from $52 million. For shareholders, sales growth was offset by lower quarterly profit, with higher SG&A expenses including about 50 basis points of one-time legal settlements, though nine-month diluted EPS rose to $1.31 from $1.18.
Q3 net sales $862 million, up 5% from $825 million; Wholesale segment sales up 30%
Q3 net income $47 million vs. $52 million; diluted EPS $0.40 vs. $0.42
Nine months diluted EPS $1.31 vs. $1.18; nine-month net income $154 million
Q3 SG&A rose 143 basis points as a percent of sales, partly due to one-time legal settlements of about 50 basis points
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Urban Outfitters filing is on SEC EDGAR ↗. 8-K briefs of other companies →