Urban outfitters shares were flat after reporting Q1 sales Unlisted Video

Business Insider reports Urban Outfitters shares were flat in after-hours trading on Tuesday. The company reported its first-quarter results earlier on Tuesday, saying it had record first-quarter sales of $864 million and a net income of $32.6 million, above what analysts surveyed by Bloomberg expected. In-store sales increased 1%, though analysts had anticipated a 1.3% decline .