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$URBN said its total gross profit for 2Q17 grew 8% to $343MM. Gross profit rate improved by 179 BPs to 38.5%. The growth in gross profit rate was mainly driven by improvement in the Urban Outfitters and Anthropologie Group brands maintained margins, with both brands delivering higher initial markups and lower merchandise markdowns versus last year.
For the past few years, $AAPL has been buying domains with the iCloud name. According to a report from TechCrunch, the latest acquisition was of the domain name iCloud.net.
$AAPL just released the first look of its $5 billion Cupertino campus, now named Apple Park. Take a look.
Looking forward to the first $TSLA earnings after SolarCity acquisition.