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4-Traders Homepage  >  Equities  >  Nasdaq  >  Urban Outfitters, Inc.    URBN

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URBAN OUTFITTERS, INC. (NASDAQ:URBN) Files An 8-K Submission of Matters to a Vote of Security Holders

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08/25/2017 | 06:50pm CEST

URBAN OUTFITTERS, INC. (NASDAQ:URBN) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 of the Current Report on Form 8-K filed by Urban Outfitters, Inc. (the “Company”) on May30, 2017 (the “Original Form 8-K”), to disclose the Company’s decision regarding how often it will hold future shareholder advisory votes to approve executive compensation. No other changes have been made to the Original Form 8-K.

Item 5.07. Submission of Matters to a Vote of Security Holders.

As reported in the Original Form 8-K, at the Company’s Annual Meeting of Shareholders held on May23, 2017 (the “Annual Meeting”), the Company’s shareholders recommended, consistent with the recommendation of the Board of Directors, that the Company hold future advisory votes to approve executive compensation every three years. The Company received proxies representing approximately 500,000 shares after the deadline for voting by proxy which, had they been timely submitted, would have resulted in a majority of the Company’s shareholders recommending that the Company hold future advisory votes to approve executive compensation every year. After considering the results of the shareholders’ vote at the Annual Meeting, on August22, 2017, the Board of Directors determined that it is in the best interest of the Company and its shareholders to hold an advisory vote to approve executive compensation annually until the next required shareholder vote on the frequency of future advisory votes to approve executive compensation.

About URBAN OUTFITTERS, INC. (NASDAQ:URBN)
Urban Outfitters, Inc. is a lifestyle specialty retail company. The Company operates through two segments: Retail and Wholesale. The Company’s Retail segment consists of its Urban Outfitters, Anthropologie, Free People, Terrain and Bhldn brands, whose merchandise is sold to its customers through retail stores, Websites, mobile applications, catalogs and customer contact centers. The Retail segment also includes Vetri Family, which operates restaurants under the names Amis, Alla Spina, Lo Spiedo, Pizzeria Vetri and Osteria. Its Wholesale segment consists of the Free People wholesale division that primarily designs, develops and markets young women’s contemporary casual apparel and shoes through individual and chain specialty stores and department stores. The Company’s Wholesale segment includes Free People-branded tops, bottoms, sweaters, dresses, intimates, shoes and activewear, which are sold through department and specialty stores around the world, and its Free People stores.

The post URBAN OUTFITTERS, INC. (NASDAQ:URBN) Files An 8-K Submission of Matters to a Vote of Security Holders appeared first on Market Exclusive.

© Market Exclusive 2017, source Market Exclusive

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Financials ($)
Sales 2018 3 531 M
EBIT 2018 256 M
Net income 2018 167 M
Finance 2018 444 M
Yield 2018 -
P/E ratio 2018 15,57
P/E ratio 2019 14,22
EV / Sales 2018 0,58x
EV / Sales 2019 0,51x
Capitalization 2 498 M
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Urban Outfitters, Inc. Technical Analysis Chart | URBN | US9170471026 | 4-Traders
Technical analysis trends URBAN OUTFITTERS, INC.
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TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 26
Average target price 21,9 $
Spread / Average Target -3,6%
EPS Revisions
Managers
NameTitle
Richard A. Hayne Chairman & Chief Executive Officer
David W. McCreight President
Calvin B. Hollinger Chief Operating & Administrative Officer
Francis John Conforti Chief Financial Officer
Scott A. Belair Independent Director
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