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US Q1 in brief: Cherokee, Destination Maternity, Urban Outfitters

2015-05-22 12:02:00| Daily apparel & textile news and comment - from just-style.com

First quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. Cherokee was pleased with a "strong" quarter, despite some headwinds. Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings. Elsewhere, Lululemon's earnings beat analyst expectations, and Burlington's earnings soared on robust gross margin expansion.

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