By  on March 10, 2014

Throwing optimism aside, Urban Outfitters Inc. chief executive officer Richard Hayne said the company remains “very cautious” about its prospects for the first quarter based on continued weakness at its flagship division.

“Customer reaction to the new spring fashion offerings at our Anthropologie and Free People brands has been strong, but given the continued challenges facing the Urban Outfitters brand, we remain very cautious about [Urban’s] first-quarter performance,” he said.

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