4 Reasons Why Urban Outfitters is Failing
Urban Outfitters, one brand that continues to open cool-looking bi-level stores with a hipster feel in busy towns, is failing. Sales growth turned negative during the holidays for the first time in 16 quarters, even as executives shuffle up the team responsible for the brand, yet they are unsure when the situation will turn brighter. Belus Capital Advisors CEO Brian Sozzi and TheStreet's Kori Hale share four brutal reasons why Urban Outfitters is failing.
At the time of publication, Sozzi was long XXX, although positions may change at any time.
At the time of publication, Sozzi held no position in the stocks mentioned.
Brian Sozzi is the CEO and Chief Equities Strategist of
. He is responsible for developing and managing an equities portfolio of mid- and large-cap positions, in addition to leading the firm's digital content initiatives. He is also a personal finance columnist for
Men's Health
magazine.
