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(Marketwatch)   Urban Outfitters doubles 4Q profits as consumers have no problem paying $80 for a polo shirt made in Sri Lanka   (marketwatch.com) divider line 9
    More: Spiffy, Urban Outfitters, Sri Lanka, net sales, polo shirts, outfitters, profit margins, namesake  
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370 clicks; posted to Business » on 12 Mar 2013 at 7:31 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



9 Comments   (+0 »)
   
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2013-03-12 08:13:26 AM
And it's down 3.6% in pretrade. This is an interesting stock in that it's alway revising estimates down and then beating those estimates. That and there is always a management shakeup.
 
2013-03-12 12:23:25 PM
Horrible people run that company, but I will say that some insanely hot women work at their headquarters.
 
2013-03-12 12:52:09 PM
I can buy 16 polos at WalMart for that price.  Saving the planet, one slave labor shirt at a time.
 
2013-03-12 02:25:31 PM
For white suburban teens with dads credit card to get their hipster on while they wait to get old enough for daddy to buy them that loft in Brooklyn
 
2013-03-12 02:39:51 PM
Who knew that ripping off other people's art, making it in China, and selling it at high prices could be so profitable?
 
2013-03-12 05:24:27 PM
American Apparel for the win
 
2013-03-12 10:43:12 PM

MrEricSir: Who knew that ripping off other people's art, making it in China, and selling it at high prices could be so profitable?


*raises hand*

/UO is based out of my hometown.
 
2013-03-12 11:57:40 PM
I had no idea there were that may seriously stupid people in America
 
2013-03-13 06:31:02 AM

Danceswithwires: I had no idea there were that may seriously stupid people in America


What's even *more* stupid is they are buying up "vintage" (read: used) clothing and reselling it at astronomical prices. We're late to the game in the great white north of Maine - Urban Outfitters just opened in the Old Port of Portland. I look in through the front windows when I walk by and the place is pretty consistently empty.
 
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