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URBN

Urban OutfittersB
Nasdaq / Consumer Discretionary Distribution & Retail
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2026-08-31
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Earnings documents stored for URBN.

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Investor releaseQuarter not tagged2026-08-31

Nuuly drives Urban Outfitters’ record second-quarter revenue

Retail Dive
This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Urban Outfitters Inc. reported record second-quarter net sales of $1.7 billion, an increase of 10.4% year over year. The company operates Urban Outfitters, Nuuly, Anthropologie and Free People, and attributed Q2 growth in part to 28.6% net sales increase at its Nuuly rental business, plus 18.6% growth in wholesale, according to a Wednesday press release. Sales at Nuuly reached $179 million in the second quarter, driven by the addition of nearly 113,000 new average active subscribers, a 30.4% year-over-year increase. “We actually crested over 500,000 active subscribers in early June before easing back into our typical summer seasonality,” Nuuly President Dave Hayne said on a Wednesday call with analysts. Meanwhile, overall retail net sales grew 8%. Comparable retail sales were up 6.2%, led by high single-digit digital channel growth and mid single-digit retail store sales growth. Retail comps at FP Group grew 10%, with Urban Outfitters up 8.4% and Anthropologie up 3%. Nuuly’s meteoric success in the clothing rental market helped parent company Urban Outfitters Inc. set a first-half record, with total company net sales increasing 10.9% to $3.14 billion. Nuuly rental subscription segment net sales were up 31.4% for the half. However, products from Urban Outfitters, Anthropologie and Free People are a large part of Nuuly’s success story, and comprised around 45% of Nuuly’s inventory in 2025, according to Wells Fargo analysts. “We remain thrilled to have our URBN sister brands at the heart of our assortment while continuing to broaden the selection of brands around them,” Hayne said on Wednesday. “Brand participation on Nuuly is truly a two-way street. Larger partners see meaningful follow-on sales across their own direct channels, while emerging brands appreciate the visibility, brand awareness, and new customer acquisition they derive from the platform.” Hayne added that second-quarter brand additions included Collina Strada, Faithfull, and Edikted, plus capsule collaborations with Simon Miller and Tyler McGillivary, and Revolve's private label brand. Nuuly’s Q2 brand choice count was up 35% to nearly 33,000, and Haynes said Nike is rolling out this month, with J.Crew launching in October. However, Hayne said that the compa…Read full document

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Urban Outfitters Inc. reported record second-quarter net sales of $1.7 billion, an increase of 10.4% year over year. The company operates Urban Outfitters, Nuuly, Anthropologie and Free People, and attributed Q2 growth in part to 28.6% net sales increase at its Nuuly rental business, plus 18.6% growth in wholesale, according to a Wednesday press release. Sales at Nuuly reached $179 million in the second quarter, driven by the addition of nearly 113,000 new average active subscribers, a 30.4% year-over-year increase. “We actually crested over 500,000 active subscribers in early June before easing back into our typical summer seasonality,” Nuuly President Dave Hayne said on a Wednesday call with analysts. Meanwhile, overall retail net sales grew 8%. Comparable retail sales were up 6.2%, led by high single-digit digital channel growth and mid single-digit retail store sales growth. Retail comps at FP Group grew 10%, with Urban Outfitters up 8.4% and Anthropologie up 3%. Nuuly’s meteoric success in the clothing rental market helped parent company Urban Outfitters Inc. set a first-half record, with total company net sales increasing 10.9% to $3.14 billion. Nuuly rental subscription segment net sales were up 31.4% for the half. However, products from Urban Outfitters, Anthropologie and Free People are a large part of Nuuly’s success story, and comprised around 45% of Nuuly’s inventory in 2025, according to Wells Fargo analysts. “We remain thrilled to have our URBN sister brands at the heart of our assortment while continuing to broaden the selection of brands around them,” Hayne said on Wednesday. “Brand participation on Nuuly is truly a two-way street. Larger partners see meaningful follow-on sales across their own direct channels, while emerging brands appreciate the visibility, brand awareness, and new customer acquisition they derive from the platform.” Hayne added that second-quarter brand additions included Collina Strada, Faithfull, and Edikted, plus capsule collaborations with Simon Miller and Tyler McGillivary, and Revolve's private label brand. Nuuly’s Q2 brand choice count was up 35% to nearly 33,000, and Haynes said Nike is rolling out this month, with J.Crew launching in October. However, Hayne said that the company’s large brand assortment can be overwhelming for some customers. “To address this, we have looked beyond fashion and retail for models to emulate, and streaming platforms like Netflix and Disney+ serve vast catalogs of content to large subscriber bases, yet their experiences feel tailored to the user,” Hayne said. “Over the past year, we have improved our personalization engine to serve smarter recommendations based on style and brand affinities, resulting in big increases in satisfaction metrics.” Nuuly also added a custom fit guidance engine, and Hayne said the company was “focused on improving the checkout and delivery experience” for its customers. The brand also launched a fall 2026 campaign microdrama that focuses on customer experiences and sharability, and heavily targets Generation Z. In addition, Nuuly is streamlining its fulfillment capacity, with automated garment storage, order sortation and a picking solution all launching over the next 12 months. Nuuly is also expanding its East Coast operation from 300,000 to 1 million square feet with a new facility outside Philadelphia. “Once this project is complete, the full Nuuly network will support roughly 1.2 million subscribers with a significantly more efficient operation,” Hayne said. Meanwhile, rival service Rent the Runway has 155,692 active subscribers, according to the company’s Q1 2026 results posted June 3. The company said in April that it’s planning to launch more than 30 new brands this year as competition from Nuuly continues to nip at its overall growth. Looking ahead to the third quarter and full fiscal 2027, Urban Outfitters Inc. CFO Melanie Marein-Efron told analysts that total company sales were expected to grow in the high single-digit range. She added that retail segment comp sales are expected to rise mid-single digits, with single-digit retail segment comps growth across FP Group, the Urban Outfitters brand and at Anthropologie brand. Wholesale is expected to produce low teens growth. “At Nuuly, the brand could deliver high 20s revenue growth driven by continued subscriber momentum,” Marein-Efron said, adding, “We continue to believe we could deliver high single-digit total company sales growth for the full year fiscal 2027.”

Investor releaseQuarter not tagged2026-08-28

URBN Q2 Deep Dive: Digital Strength, Subscription Growth, and Operational Discipline Shape Results

StockStory
Clothing and accessories retailer Urban Outfitters (NASDAQ:URBN) beat Wall Street’s revenue expectations in Q2 CY2026, with sales up 10.4% year on year to $1.66 billion. Its non-GAAP profit of $1.72 per share was in line with analysts’ consensus estimates. Is now the time to buy URBN? Find out in our full research report (it’s free). Revenue: $1.66 billion vs analyst estimates of $1.65 billion (10.4% year-on-year growth, 0.7% beat) Adjusted EPS: $1.72 vs analyst estimates of $1.73 (in line) Operating Margin: 17.4%, up from 11.6% in the same quarter last year Same-Store Sales rose 6.2% year on year, in line with the same quarter last year Market Capitalization: $7.10 billion Urban Outfitters’ second quarter results reflected balanced execution across its brand portfolio, with sales and non-GAAP earnings per share aligning with Wall Street’s expectations. Management attributed performance to double-digit growth in both its digital channels and its Nuuly subscription business, as well as consistent same-store sales growth. CEO Richard Hayne highlighted the company’s multi-brand approach and robust customer demand, noting, “All retail segment brands delivered positive comps and the wholesale and subscription segments registered record second quarter results as well.” Looking ahead, Urban Outfitters’ management is focused on driving high-single-digit revenue growth through continued investment in digital, store expansion, and the Nuuly subscription platform. CFO Melanie Marein-Efron outlined plans to leverage automation and AI initiatives to improve fulfillment and inventory productivity, while acknowledging ongoing headwinds from fuel costs and tariffs. Management remains confident in the resilience of its target customers, with Hayne stating, “Our brands are delivering what [customers] are looking for. We entered the second half...with strong operational momentum, supported by exceptional teams, a vibrant economy, [and] resilient consumers.” Urban Outfitters’ quarterly performance was shaped by robust digital engagement, subscription momentum, and operational improvements across its brands, offsetting increased transportation and tariff costs. Nuuly subscription accelerates: Nuuly’s active subscriber base surged to over 500,000 in early June, with revenue up 29% year-over-year. President Dave Hayne attributed this success to a broader assortment, improved perso…Read full document

Clothing and accessories retailer Urban Outfitters (NASDAQ:URBN) beat Wall Street’s revenue expectations in Q2 CY2026, with sales up 10.4% year on year to $1.66 billion. Its non-GAAP profit of $1.72 per share was in line with analysts’ consensus estimates. Is now the time to buy URBN? Find out in our full research report (it’s free). Revenue: $1.66 billion vs analyst estimates of $1.65 billion (10.4% year-on-year growth, 0.7% beat) Adjusted EPS: $1.72 vs analyst estimates of $1.73 (in line) Operating Margin: 17.4%, up from 11.6% in the same quarter last year Same-Store Sales rose 6.2% year on year, in line with the same quarter last year Market Capitalization: $7.10 billion Urban Outfitters’ second quarter results reflected balanced execution across its brand portfolio, with sales and non-GAAP earnings per share aligning with Wall Street’s expectations. Management attributed performance to double-digit growth in both its digital channels and its Nuuly subscription business, as well as consistent same-store sales growth. CEO Richard Hayne highlighted the company’s multi-brand approach and robust customer demand, noting, “All retail segment brands delivered positive comps and the wholesale and subscription segments registered record second quarter results as well.” Looking ahead, Urban Outfitters’ management is focused on driving high-single-digit revenue growth through continued investment in digital, store expansion, and the Nuuly subscription platform. CFO Melanie Marein-Efron outlined plans to leverage automation and AI initiatives to improve fulfillment and inventory productivity, while acknowledging ongoing headwinds from fuel costs and tariffs. Management remains confident in the resilience of its target customers, with Hayne stating, “Our brands are delivering what [customers] are looking for. We entered the second half...with strong operational momentum, supported by exceptional teams, a vibrant economy, [and] resilient consumers.” Urban Outfitters’ quarterly performance was shaped by robust digital engagement, subscription momentum, and operational improvements across its brands, offsetting increased transportation and tariff costs. Nuuly subscription accelerates: Nuuly’s active subscriber base surged to over 500,000 in early June, with revenue up 29% year-over-year. President Dave Hayne attributed this success to a broader assortment, improved personalization—using AI-powered recommendations—and operational expansion, including warehouse automation and new partner brands like Nike and J.Crew joining the platform later this year. Digital and omnichannel gains: Digital comps outpaced store comps in North America, driven by targeted marketing, community engagement, and platform diversification. The Urban Outfitters brand leveraged user-generated content and expanded its reach on platforms like TikTok and Reddit. The company also launched its first connected TV campaign for back-to-school, enhancing brand visibility among students. FP Movement and international expansion: FP Movement delivered 26% revenue growth and expanded its standalone store count to 97. Internationally, Free People and FP Movement experienced strong double-digit comp growth, supported by partnerships and store growth in Europe, confirming management’s conviction in global expansion potential. Anthropologie assortment reset: Anthropologie saw positive comps driven by new product introductions and an early fall influencer campaign. Management noted ongoing efforts to rebalance inventory and accelerate newness, while higher markdowns persisted as the brand worked through slower turning items. Beauty and wellness emerged as promising categories, with expanded store presence planned. Operational cost management: Despite higher inbound freight and fuel surcharges tied to geopolitical conflict, the company leveraged store occupancy and delivery expenses through disciplined execution. Automation in logistics and ongoing AI investments are expected to yield further productivity benefits, particularly as the company scales its fulfillment network and digital operations. Urban Outfitters’ outlook is anchored in scaling its subscription business, expanding digital and store channels, and managing cost headwinds through automation and process improvements. Nuuly platform expansion: Management expects Nuuly’s subscriber base and revenue to continue growing, supported by new brand partnerships, fulfillment automation, and a program extension planned for next year aimed at increasing average revenue per user. The company sees Nuuly as a core growth engine, with operating margins targeted in the high-single-digit range. AI and technology investment: Automation initiatives in warehousing, AI-powered personalization for digital commerce, and improved supply chain analytics are prioritized to drive operational efficiency. These investments are expected to reduce logistics costs and enhance customer experience over time, though management notes benefits will materialize gradually. External cost and macro pressures: Ongoing fuel surcharges and tariff volatility are expected to remain headwinds in the near term, impacting gross margins by an estimated 70 basis points per quarter. Management is actively monitoring shipping costs and inventory productivity, and plans to adjust variable spending in response to sales performance. They also cite the need to balance new store investments with disciplined SG&A management. In coming quarters, our analysts will monitor (1) the pace of Nuuly’s subscriber growth and new feature launches, (2) execution on AI-driven personalization and logistics automation, and (3) the impact of external cost pressures, particularly fuel and tariffs, on margins. Store expansion progress and the performance of new product categories, such as beauty and wellness at Anthropologie, will also be key markers of strategic follow-through. Urban Outfitters currently trades at $83.43, in line with $82.95 just before the earnings. Is there an opportunity in the stock? Find out in our full research report (it’s free for active Edge members). ONE MORE THING: Top 6 Stocks for This Week. This market is separating quality stocks from expensive ones fast. AI is taking down whole sectors with no warning. In a rotation this fast, you need more than a list of good companies. Our AI system flagged Palantir before it ran 1,662% between October 2022 and February 2026. AppLovin before it ran 753% between February 2024 and February 2026. Nvidia before it ran 1,178% between January 2023 and February 2026. Each week it produces 6 new names that pass the same tests. Get Our Top 6 Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,460% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+271% between June 2020 and June 2025). Find your next big winner with StockStory today.

Investor releaseQuarter not tagged2026-08-27

Urban Outfitters Inc (URBN) (Q2 2027) Earnings Call Highlights: Record Sales and EPS Fueled by ...

GuruFocus.com
This article first appeared on GuruFocus. Revenue: Net sales grew 10% to $1.7 billion, a Q2 record. Earnings Per Share (EPS): EPS grew 9% to $1.72 per diluted share. Operating Income: Increased 11% to a record $193 million. Net Income: Increased to $149 million. Gross Profit Rate: Increased by 4 basis points to 37.7%. SG&A Expenses: Increased by 10%, in line with sales growth. Retail Segment Comp: Increased 6%, with digital comps slightly exceeding store comps. Nuuly Revenue: Rose 29% to $179 million, with average active subscribers reaching 484,000 (up 30% year-over-year). Nuuly Operating Income: Reached 10% operating margin, equating to $18 million. Wholesale Segment Revenue: Increased 19%. Anthropologie Brand: Total revenue grew 5%, with a 3% retail segment comp. Urban Outfitters Brand: Total sales grew 8%, with a global retail segment comp of 8%. FP Group: Total revenue increased 15%, with a retail segment comp of 10%. Free People Brand: Total sales growth of 11% and a retail segment comp of 9%. FP Movement Brand: Total revenue growth of 26% and a 13% retail segment comp. FP Movement Store Count: Opened four new stores during the quarter, bringing the total to 97 stand-alone stores. Store Openings/Closings: Planning to open approximately 54 new stores and close approximately 18 stores during fiscal year '27. Capital Expenditures: Planned at approximately $475 million for FY27. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Is URBN fairly valued? Test your thesis with our free DCF calculator. Release Date: August 26, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Urban Outfitters Inc (NASDAQ:URBN) delivered record quarterly sales and earnings per share, with net sales growing 10% to $1.7 billion and EPS up 9% to $1.72, marking the eighth consecutive quarter of record sales and profits. All retail segment brands delivered positive comps, with the FP Group achieving a 10% retail segment comp and the Urban Outfitters brand posting an 8% comp, driven by strong regular price sales and customer growth. Nuuly, the subscription rental business, achieved record revenue of $179 million (up 29%) and reached a milestone 10% operating income rate, with average active subscribers growing 30% to 484,000. The wholesale segment delivered exceptional double-digit revenue growth of 19%, driven by strengt…Read full document

This article first appeared on GuruFocus. Revenue: Net sales grew 10% to $1.7 billion, a Q2 record. Earnings Per Share (EPS): EPS grew 9% to $1.72 per diluted share. Operating Income: Increased 11% to a record $193 million. Net Income: Increased to $149 million. Gross Profit Rate: Increased by 4 basis points to 37.7%. SG&A Expenses: Increased by 10%, in line with sales growth. Retail Segment Comp: Increased 6%, with digital comps slightly exceeding store comps. Nuuly Revenue: Rose 29% to $179 million, with average active subscribers reaching 484,000 (up 30% year-over-year). Nuuly Operating Income: Reached 10% operating margin, equating to $18 million. Wholesale Segment Revenue: Increased 19%. Anthropologie Brand: Total revenue grew 5%, with a 3% retail segment comp. Urban Outfitters Brand: Total sales grew 8%, with a global retail segment comp of 8%. FP Group: Total revenue increased 15%, with a retail segment comp of 10%. Free People Brand: Total sales growth of 11% and a retail segment comp of 9%. FP Movement Brand: Total revenue growth of 26% and a 13% retail segment comp. FP Movement Store Count: Opened four new stores during the quarter, bringing the total to 97 stand-alone stores. Store Openings/Closings: Planning to open approximately 54 new stores and close approximately 18 stores during fiscal year '27. Capital Expenditures: Planned at approximately $475 million for FY27. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Is URBN fairly valued? Test your thesis with our free DCF calculator. Release Date: August 26, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Urban Outfitters Inc (NASDAQ:URBN) delivered record quarterly sales and earnings per share, with net sales growing 10% to $1.7 billion and EPS up 9% to $1.72, marking the eighth consecutive quarter of record sales and profits. All retail segment brands delivered positive comps, with the FP Group achieving a 10% retail segment comp and the Urban Outfitters brand posting an 8% comp, driven by strong regular price sales and customer growth. Nuuly, the subscription rental business, achieved record revenue of $179 million (up 29%) and reached a milestone 10% operating income rate, with average active subscribers growing 30% to 484,000. The wholesale segment delivered exceptional double-digit revenue growth of 19%, driven by strength across both specialty and department store accounts, particularly in FP Movement, Intimates, and women's apparel. Management expressed confidence in the consumer environment, citing job stability, rising take-home incomes, and consistent spending on fashion, while also highlighting successful AI-related technology investments that are expected to benefit the company for years. The company is navigating higher inbound freight costs, domestic transportation costs, and delivery expenses driven by fuel surcharges associated with the ongoing war in the Middle East, which negatively impacted IMU by approximately 50 basis points and outbound delivery expenses by 20 basis points. Anthropologie experienced elevated markdowns during the quarter as the team worked through slower turning inventory, and the brand's home category was flat, with a slight decline in home accessories. The company faces higher year-over-year tariff costs and inbound freight fuel surcharges, which partially offset gross profit improvements, despite receiving refunds for previously paid IEFA tariffs. Nuuly's subscriber growth is subject to seasonality, with active subscribers easing back from over 500,000 in early June to 484,000 average for the quarter, and back-half operating rates are anticipated to ease to high single-digits. The European Urban Outfitters business is expected to moderate to a mid-single-digit positive comp range in Q3 due to very difficult multi-year comparisons, and the company assumes current oil surcharges will remain in effect for the remainder of FY27, representing approximately 70 basis points unfavorable impact on each of the third and fourth quarters. Q: Can you elaborate on the consistent comp strength at the core Urban brand and the opportunity remaining, and what do you see as a sustainable multi-year comp profile for Anthropologie? Also, what are the comp trends you've seen in August at both concepts? A: Richard Hayne (CEO) stated that the company's comp plans for Q3 are mid-single-digit for Anthropologie, high-single-digit for Free People/FP Movement, and high-single-digit for Urban (split between high-singles in North America and mid-singles in Europe), with August trends in line with these plans. A company representative added that Urban's success is driven by consistent strategy in product (denim, bottoms, lounge), marketing (double-digit new customer acquisition), and channel execution. Melanie Marein-Efron (CFO) noted Anthropologie is focused on returning to a mid-single-digit comp profile, expressing confidence in the team's ability to deliver low-to-mid-single digits in the short term. Q: Does your early read on fall give you confidence that Anthropologie is out of the woods on recent assortment challenges, and are you through the slower-turning inventory, or do you expect any margin pressure in Q3? A: Melanie Marein-Efron (CFO) confirmed the brand is rebalancing its assortment to work through historical styles and make room for newness. The July early-fall event drove full-price comps and gave the team high confidence in styles to chase. Frank Conforti (Co-President and COO) added that the Q3 plan for 25-50 basis points of gross profit margin improvement contemplates giving Anthropologie room to accelerate into strong fall reads while clearing remaining product. Q: How did Nuuly achieve a 10% operating margin so fast, and how do you think about the path beyond the high single-digit rate for this year? A: Frank Conforti (Co-President and COO) credited Nuuly's continued year-over-year improvement in logistics and fixed costs as the business scales. He reiterated the belief that the brand can run at a 10% operating profit rate or better on an annual basis, noting they are getting closer each quarter. Dave Hayne (President of Nuuly) added that the business is focused on scaling operational execution, with automation investments in Kansas City and a new facility outside Philadelphia planned to support up to 1.2 million subscribers. Q: Can you talk about the growth opportunity for Free People and FP Movement, particularly internationally? A: Sheila Harrington (Global CEO, Urban Outfitters and Free People Group) highlighted strong double-digit comp growth for Free People internationally, outpacing North America, with 14 stores currently in the UK and Europe. She noted early strong reads for FP Movement internationally, with plans for European growth starting with wholesale and e-commerce, followed by stores. The partnership with Barry's and Selfridges continues to deliver strong growth. Q: Given the elevated level of promotion and more moderate comp pace, is Anthropologie still on track to deliver a mid-teen operating rate this year? A: Melanie Marein-Efron (CFO) stated the brand has been gaining share with 22 consecutive positive comps outpacing the market. She acknowledged slightly higher markdowns will continue as they work through assortment opportunities, but the team's ability to leverage speed-to-market initiatives will help. She expressed confidence in continuing to gain market share and is focused on getting back to a mid-single-digit comp range. Q: What are your thoughts on the current competitive environment and pricing? Are you seeing competitors reset prices as they move through tariff inventory, and does your plan for the back half assume any flexibility should the promotional environment pick up? A: Richard Hayne (CEO) stated they don't see promotional activity picking up, aside from a brief period around Amazon Prime Day. Current promotions are related to back-to-school, similar to last year, with Urban's high-single-digit comps driven by full-price sales. Frank Conforti (Co-President and COO) added that AUR is planned up for the remainder of the year, driven by mix (strong bottoms cycle, higher price points) rather than like-for-like price increases. Q: On Nuuly, what are the retention rates and how is the business evolving in terms of brand mixhow much is from URBN brands versus third-party, and where do you see that going over time? A: Dave Hayne (President of Nuuly) reported retention rates have remained relatively stable, with early subscribers being the most engaged and loyal. He noted the URBN brands will continue to be at the heart of the assortment, but the percentage may shift as they add more third-party brands. The team's goal is to continue adding brands that add value and benefit to subscribers, with the mix remaining stable currently. Q: Can you talk about the beauty category opportunity, particularly at Anthropologie, and how you're thinking about AUR and pricing going forward? A: Melanie Marein-Efron (CFO) highlighted beauty as a consistently growing category at Anthropologie, delivering high single-digit comps in Q2. The brand is expanding its beauty assortment to more stores, doubling the count this fall, and sees beauty and wellness as a new opportunity complementing the customer relationship. On AUR, Frank Conforti (Co-President and COO) noted price comparisons are complicated by mix, with the strong bottoms cycle and higher-quality product elevation driving AUR up, planned up for the remainder of the year. Q: Where do you stand in your AI implementation with regards to product life cycles? Is one brand further along, and when does it start to show through in a meaningful way? A: Dave Hayne (CTO and President of Nuuly) stated AI is being deployed across the company, enabling associates to optimize workflows and driving an explosion of creativity. The tech team is accelerating software delivery cycles and building capabilities across supply chain, creative design, marketing, and inventory. He noted measurable efficiencies in these complex areas will take time to fully materialize, but the company is confident in the trajectory, with speed-to-market and production/design being a big area of focus. Q: Can you provide an update on the tariff and freight environment and its impact on the business? A: Frank Conforti (Co-President and COO) reported that fuel surcharges related to the Middle East war had a negative impact of approximately 50 basis points in IMU and 20 basis points in outbound delivery and freight expense in Q2 For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Investor releaseQuarter not tagged2026-08-27

URBN Q2 Earnings Meet Estimates, Stock Up 9.5% on Broad-Based Growth

Zacks
Urban Outfitters, Inc. URBN reported strong second-quarter fiscal 2027 results, with earnings matching the Zacks Consensus Estimate, while revenues surpassed the consensus mark. Also, both metrics improved from the prior-year quarter’s reported figures. The company delivered record second-quarter sales and profits, marking its eighth consecutive quarter of record performance. As a result, shares of URBN increased 9.5% yesterday.Management highlighted broad-based momentum across the Retail, Subscription and Wholesale segments, along with continued customer engagement and disciplined execution. All Retail segment brands posted positive comparable sales growth, while Nuuly continued to scale rapidly on strong subscriber growth. The Wholesale segment delivered robust double-digit gains, led by the FP Group. Urban Outfitters, Inc. price-consensus-eps-surprise-chart | Urban Outfitters, Inc. Quote This lifestyle specialty retailer delivered adjusted earnings per share of $1.72, in line with the Zacks Consensus Estimate. Adjusted earnings increased 8.9% year over year. The company’s earnings per share were $2.78 compared with $1.58 in the prior-year quarter.Net sales increased 10.4% year over year to $1,661.9 million, beating the consensus mark of $1,648 million. The sales performance benefited from strength across Retail, Wholesale and Subscription operations. Total Retail segment net sales rose 8% year over year to $1.39 billion, while comparable Retail segment sales increased 6.2%. Growth in comparable sales was driven by high-single-digit gains in digital channel sales and mid-single-digit growth in retail store sales. Comparable Retail segment sales increased 10% at FP Group, 8.4% at Urban Outfitters and 3% at Anthropologie. We estimated the Retail segment’s sales to increase 7.4% year over year.Within the FP Group, total sales increased 15% year over year to $478.1 million, driven by continued momentum across both Retail and Wholesale operations. Free People and FP Movement continued to benefit from strong customer demand, while the FP Group Wholesale segment delivered a 19% increase in revenues. Urban Outfitters posted an 8% comparable-sales increase, supported by strength across North America and Europe.The Wholesale segment posted net sales growth of 18.6%, driven by a 19.2% increase in FP Group wholesale sales due to higher sales to specialty customers and…Read full document

Urban Outfitters, Inc. URBN reported strong second-quarter fiscal 2027 results, with earnings matching the Zacks Consensus Estimate, while revenues surpassed the consensus mark. Also, both metrics improved from the prior-year quarter’s reported figures. The company delivered record second-quarter sales and profits, marking its eighth consecutive quarter of record performance. As a result, shares of URBN increased 9.5% yesterday.Management highlighted broad-based momentum across the Retail, Subscription and Wholesale segments, along with continued customer engagement and disciplined execution. All Retail segment brands posted positive comparable sales growth, while Nuuly continued to scale rapidly on strong subscriber growth. The Wholesale segment delivered robust double-digit gains, led by the FP Group. Urban Outfitters, Inc. price-consensus-eps-surprise-chart | Urban Outfitters, Inc. Quote This lifestyle specialty retailer delivered adjusted earnings per share of $1.72, in line with the Zacks Consensus Estimate. Adjusted earnings increased 8.9% year over year. The company’s earnings per share were $2.78 compared with $1.58 in the prior-year quarter.Net sales increased 10.4% year over year to $1,661.9 million, beating the consensus mark of $1,648 million. The sales performance benefited from strength across Retail, Wholesale and Subscription operations. Total Retail segment net sales rose 8% year over year to $1.39 billion, while comparable Retail segment sales increased 6.2%. Growth in comparable sales was driven by high-single-digit gains in digital channel sales and mid-single-digit growth in retail store sales. Comparable Retail segment sales increased 10% at FP Group, 8.4% at Urban Outfitters and 3% at Anthropologie. We estimated the Retail segment’s sales to increase 7.4% year over year.Within the FP Group, total sales increased 15% year over year to $478.1 million, driven by continued momentum across both Retail and Wholesale operations. Free People and FP Movement continued to benefit from strong customer demand, while the FP Group Wholesale segment delivered a 19% increase in revenues. Urban Outfitters posted an 8% comparable-sales increase, supported by strength across North America and Europe.The Wholesale segment posted net sales growth of 18.6%, driven by a 19.2% increase in FP Group wholesale sales due to higher sales to specialty customers and department stores.Nuuly, the company’s women’s apparel subscription rental service, continued to witness strong momentum. Subscription segment net sales increased 28.6% year over year to $178.6 million, primarily driven by a 30.4% increase in average active subscribers. Average active subscribers reached 484,000 during the quarter, while the subscriber base crossed 500,000 in early June. We estimated the Nuuly segment’s sales to rise 18.7% year over year. Gross profit rose 27.4% year over year to $721.6 million in the fiscal second quarter, mainly driven by higher net sales during the period. However, the reported gross margin increased 580 basis points year over year to 43.4%, which beat our estimate of 37.4% and benefited from a $95.7-million IEEPA tariff refund. Adjusted gross margin increased 4 basis points to 37.7%. The improvement was primarily driven by benefits from store occupancy costs from higher comparable Retail store sales and leverage in delivery expenses from initiatives that helped offset fuel-surcharge costs. These benefits were partly offset by higher Retail markdowns at Anthropologie and the negative impacts of tariffs and inbound freight fuel surcharges on initial merchandise costs.Selling, general and administrative (SG&A) expenses increased 10.5% year over year to approximately $433 million. Our model estimated SG&A expenses to increase 8.8% year over year in the fiscal second quarter. The increase was primarily driven by higher marketing investments to support customer growth and increased sales in the Retail and Subscription segments, along with higher store payroll expenses. These increases were partly offset by leverage in store payroll expenses resulting from higher Retail store sales. The company continued to invest in artificial intelligence technology to support its current and future operations. As a percentage of net sales, SG&A expenses remained flat at 26%, which met our estimate. URBN reported adjusted operating income of $193.1 million, up 11% from $174.4 million in the prior-year quarter. The adjusted operating margin improved 3 basis points year over year to 11.6%, reflecting the increase in adjusted gross margin. In the first six months of fiscal 2027, the company opened 23 stores and closed six stores. Store openings included four Anthropologie, seven Free People, 10 FP Movement and two Urban Outfitters stores, while closures included one Anthropologie, one FP Movement, three Urban Outfitters and one Menus & Venues location.As of July 31, 2026, URBN operated 252 Urban Outfitters stores, 257 Anthropologie stores and 284 FP Group stores, including 97 FP Movement locations. The company operated eight Menus & Venues restaurants and nine franchisee-owned stores. As of July 31, 2026, Urban Outfitters had cash and cash equivalents of $598.8 million, up from $332.2 million in the prior-year period. Marketable securities totaled $346.8 million, while total shareholders’ equity stood at $2.85 billion at the quarter-end.As of July 31, 2026, total inventory increased 11.8% year over year to $778.5 million. Total Retail segment inventory rose 12%, while comparable Retail segment inventory increased 8.4%. Wholesale segment inventory increased 10%. The increase in Retail inventory was primarily due to higher net sales and the timing of inventory receipts, while the increase in Wholesale inventory reflected higher sales.During the first six months of fiscal 2027, the company repurchased and retired 4.6 million shares for approximately $300 million. As of July 31, 2026, 10 million common shares remained authorized for repurchase under the existing program. Urban Outfitters’ management expects third-quarter fiscal 2027 total company sales to grow in the high-single-digit range, supported by continued momentum across the Retail, Wholesale and Subscription businesses.The Retail segment’s comparable sales are projected to increase in the mid-single-digit range, driven by high-single-digit growth at FP Group, mid-single-digit growth at Urban Outfitters and low-to-mid-single-digit growth at Anthropologie. Nuuly is expected to post high-twenties revenue growth, while the Wholesale segment is projected to generate low-teens growth.For the fiscal third quarter, URBN expects the gross profit margin to increase 25-50 basis points year over year. The anticipated improvement primarily reflects higher initial merchandise margins due to lower tariffs and leverage in occupancy costs, partly offset by higher fuel surcharges.Management anticipates fuel surcharges to continue affecting the business through the remainder of fiscal 2027. The company noted that these surcharges are expected to create an unfavorable impact through higher inbound freight and delivery expenses.Management expects third-quarter SG&A expenses to grow in line with or slightly below sales growth, reflecting continued investments in marketing, technology and AI initiatives while benefiting from leverage in store payroll and occupancy expenses. For fiscal 2027, management maintains its expectation for positive high-single-digit total company sales growth. The outlook reflects continued momentum across the portfolio, with Retail comparable sales expected to grow in the mid-single-digit range, Nuuly revenues projected to increase in the high-20% range and Wholesale revenues anticipated to grow in the low-teens range.URBN expects fiscal 2027 gross margin to expand by approximately 25 basis points year over year. Management sees an incremental margin opportunity in the second half, primarily from improved initial merchandise margins as tariff pressures moderate. However, fuel surcharges are expected to remain a headwind through the remainder of the fiscal year.For the full year, SG&A is expected to grow in line with sales, while inventory growth is expected to remain at or below sales growth as the company continues to focus on improving product turns. Management also plans to continue investing in marketing, technology and AI initiatives to support customer acquisition and long-term growth.Capital expenditures for fiscal 2027 are planned at approximately $475 million. Approximately 35% of spending is expected to be allocated to retail store expansion and support, 50% to logistics investments and the remaining 15% to technology investments and home-office expansion. The logistics investments are intended to expand capacity and automation across the Subscription and Retail businesses.URBN expects to open approximately 54 new stores and close approximately 18 stores during fiscal 2027. Net new store growth is expected to be primarily driven by FP Movement. The company plans to open 21 FP Movement, 12 Free People, 12 Anthropologie and eight Urban Outfitters stores during the year. URBN Stock Past Three-Month Performance Image Source: Zacks Investment Research Management expressed confidence as it enters the second half, citing double-digit sales and profit growth at Free People and FP Movement, positive comparable sales at Anthropologie and high-single-digit comparable sales at Urban Outfitters in both North America and Europe. Management also emphasized URBN’s multi-brand strategy and structural diversification across brands, demographics, product categories, distribution channels and geographies.Shares of the Zacks Rank #2 (Buy) company have gained 10.8% in the past three months against the industry’s 11.7% decline. FIGS, Inc. FIGS is an apparel company focused on the healthcare industry. Its offerings include lab coats, jackets, footwear, bags, socks and other accessories used by healthcare professionals. The company carries a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.The Zacks Consensus Estimate for FIGS’ current financial-year earnings and sales suggests growth of 89.5% and 18.2%, respectively, from the year-ago actuals. FIGS delivered a trailing four-quarter average earnings surprise of 201.8%.Boot Barn Holdings, Inc. BOOT is the largest lifestyle retailer in the United States, specializing in western and work-related footwear, apparel and accessories. The company also holds a Zacks Rank #2 at present. The Zacks Consensus Estimate for Boot Barn’s current fiscal-year earnings and sales suggests growth of 22.6% and 15.7%, respectively, from the year-ago actuals. BOOT delivered a trailing four-quarter average earnings surprise of 11.4%.American Eagle Outfitters Inc. AEO is a specialty retailer of casual apparel, accessories and footwear. It carries a Zacks Rank of 2 at present.The Zacks Consensus Estimate for American Eagle's current fiscal-year earnings and sales suggests growth of 17.3% and 5.7%, respectively, from the year-ago actuals. AEO delivered a trailing four-quarter average earnings surprise of 48.5%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO) : Free Stock Analysis Report Boot Barn Holdings, Inc. (BOOT) : Free Stock Analysis Report FIGS, Inc. (FIGS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Investor releaseQuarter not tagged2026-08-27

Urban Outfitters, Inc. Q2 2027 Earnings Call Summary

Moby
Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Performance was driven by a structural diversification strategy across brands, demographics, and channels, allowing the company to maintain record sales despite macroeconomic noise. The Urban Outfitters brand saw a significant turnaround in North America, with high-single-digit comps fueled by a strategic focus on key categories like denim, lounge, and accessories. Anthropologie is undergoing a deliberate assortment rebalancing to clear slower-turning inventory and distort investments into 'fashion newness' that resonated during early fall influencer campaigns. Nuuly achieved a major milestone by reaching 0.5 million subscribers, proving the scalability and profitability of the subscription rental model with a 10% operating margin. Management attributes gross profit resilience to occupancy leverage and delivery efficiencies, which successfully offset 70 basis points of headwinds from fuel surcharges and higher initial merchandise costs. The company is aggressively integrating AI across design, supply chain, and marketing to accelerate speed-to-market and enhance personalization for customers. Management observed that their core consumer remains financially secure and continues to prioritize creativity and style over price, despite broader market concerns about consumer health. Q3 guidance assumes high-single-digit total sales growth, supported by a favorable effective tariff rate as the company anniversaries higher costs from the prior year. Nuuly is projected to deliver over $700 million in full-year revenue, with plans to launch a program extension in early fiscal 2028 aimed at increasing average revenue per user (ARPU). Logistics investments will consume 50% of the $475 million FY27 capital budget, focusing on a new 1-million-square-foot East Coast facility to support long-term subscriber growth to 1.2 million. The company expects the current 'fuller bottom' fashion cycle to remain dominant through FY28, providing a tailwind for Average Unit Retail (AUR) due to favorable product mix. Management anticipates that SG&A growth will remain in line with or below sales growth for the full year, maintaining flexibility to adjust variable spending if demand fluctuates. Ongoing fuel surcharges related to the Middle…Read full document

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Performance was driven by a structural diversification strategy across brands, demographics, and channels, allowing the company to maintain record sales despite macroeconomic noise. The Urban Outfitters brand saw a significant turnaround in North America, with high-single-digit comps fueled by a strategic focus on key categories like denim, lounge, and accessories. Anthropologie is undergoing a deliberate assortment rebalancing to clear slower-turning inventory and distort investments into 'fashion newness' that resonated during early fall influencer campaigns. Nuuly achieved a major milestone by reaching 0.5 million subscribers, proving the scalability and profitability of the subscription rental model with a 10% operating margin. Management attributes gross profit resilience to occupancy leverage and delivery efficiencies, which successfully offset 70 basis points of headwinds from fuel surcharges and higher initial merchandise costs. The company is aggressively integrating AI across design, supply chain, and marketing to accelerate speed-to-market and enhance personalization for customers. Management observed that their core consumer remains financially secure and continues to prioritize creativity and style over price, despite broader market concerns about consumer health. Q3 guidance assumes high-single-digit total sales growth, supported by a favorable effective tariff rate as the company anniversaries higher costs from the prior year. Nuuly is projected to deliver over $700 million in full-year revenue, with plans to launch a program extension in early fiscal 2028 aimed at increasing average revenue per user (ARPU). Logistics investments will consume 50% of the $475 million FY27 capital budget, focusing on a new 1-million-square-foot East Coast facility to support long-term subscriber growth to 1.2 million. The company expects the current 'fuller bottom' fashion cycle to remain dominant through FY28, providing a tailwind for Average Unit Retail (AUR) due to favorable product mix. Management anticipates that SG&A growth will remain in line with or below sales growth for the full year, maintaining flexibility to adjust variable spending if demand fluctuates. Ongoing fuel surcharges related to the Middle East conflict are expected to remain a 70-basis-point headwind for the remainder of the fiscal year. Anthropologie's gross margins faced pressure from elevated markdowns as the brand aggressively cleared legacy inventory to make room for fall assortments. The company received substantially all refunds for previously paid IEEPA tariffs, with future impacts from these specific refunds expected to be de minimis. Store expansion is heavily weighted toward FP Movement, with 21 of the 54 planned new store openings dedicated to the activewear brand. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management confirmed they are rebalancing the assortment to favor 'newness' over historical styles, which led to positive full-price comps in July. Q3 guidance includes 25-50 basis points of margin improvement, even while allowing Anthropologie room to clear remaining slow-moving product. CEO Richard Hayne noted that while silhouette trends rarely exceed a decade, the current 'fuller bottom' trend remains extremely strong and is expected to last at least through FY28. The company is seeing no downturn in athletic footwear, with all three major brands reporting strong increases in shoe sales despite broader industry concerns. The brand's rapid margin expansion was attributed to achieving critical scale and optimizing logistics and fixed costs. Management believes a 10% annual operating profit rate is achievable long-term, though quarterly results will fluctuate due to summer seasonality. Management stated they do not see a broader pickup in promotional activity, noting that current discounts are standard for the back-to-school season. Urban Outfitters' high-single-digit August comps are being driven primarily by full-price sales rather than increased discounting.

Investor releaseQuarter not tagged2026-08-27

Urban Outfitters Q2 2026 earnings: record sales, Free People leads

Quartz
Urban Outfitters reported record second-quarter net sales of $1.66 billion on Wednesday, up 10% from $1.50 billion a year earlier, as its Free People group drove comparable sales growth across every brand in its retail segment. Net income reached $240.7 million, or $2.78 per diluted share, compared with $143.9 million, or $1.58 per diluted share, in the same period last year. Adjusted earnings per share were $1.72, which excludes a one-time benefit from refunds of tariffs previously paid under the International Emergency Economic Powers Act. Analyst estimates had called for adjusted earnings of $1.72 per share and revenue of $1.65 billion, according to the Wall Street Journal. By brand, Free People posted $478.1 million in net sales, up from $415.0 million a year earlier. Anthropologie generated $634.5 million, compared with $607.0 million in the prior year period. The Urban Outfitters brand contributed $360.0 million, up from $333.2 million. Nuuly, the company's apparel subscription rental service, brought in $178.6 million, a 29% increase from $138.9 million. Breaking out results by segment, the company said retail net sales climbed 8% to $1.39 billion, with the Free People group pacing comparable sales gains ahead of the Urban Outfitters brand and Anthropologie. The wholesale segment added 19% to reach $90.8 million, driven by Free People's broadening reach among specialty retailers and department store partners. Subscription segment sales rose 29% to $178.6 million. The results marked the company's eighth consecutive quarter of record sales and profits, the company said. Gross profit was $721.6 million, or 43.4% of net sales. Excluding the IEEPA tariff refunds, adjusted gross profit was $625.9 million, or 37.7% of net sales — roughly in line with the prior year's 37.6%. Urban Outfitters ended the quarter with 801 company-owned stores, adding a net 17 locations during the first half of the year. The Free People group saw the most expansion, growing from 268 to 284 stores. The quarter's results build on a strong first half for the company. Urban Outfitters reported record first-quarter net income of $115.7 million in May, when the Free People group posted 17% sales growth and the company beat both earnings and revenue estimates. Chief Executive Officer Richard Hayne said at the time that the company's largely higher-income customer base had remained engage…Read full document

Urban Outfitters reported record second-quarter net sales of $1.66 billion on Wednesday, up 10% from $1.50 billion a year earlier, as its Free People group drove comparable sales growth across every brand in its retail segment. Net income reached $240.7 million, or $2.78 per diluted share, compared with $143.9 million, or $1.58 per diluted share, in the same period last year. Adjusted earnings per share were $1.72, which excludes a one-time benefit from refunds of tariffs previously paid under the International Emergency Economic Powers Act. Analyst estimates had called for adjusted earnings of $1.72 per share and revenue of $1.65 billion, according to the Wall Street Journal. By brand, Free People posted $478.1 million in net sales, up from $415.0 million a year earlier. Anthropologie generated $634.5 million, compared with $607.0 million in the prior year period. The Urban Outfitters brand contributed $360.0 million, up from $333.2 million. Nuuly, the company's apparel subscription rental service, brought in $178.6 million, a 29% increase from $138.9 million. Breaking out results by segment, the company said retail net sales climbed 8% to $1.39 billion, with the Free People group pacing comparable sales gains ahead of the Urban Outfitters brand and Anthropologie. The wholesale segment added 19% to reach $90.8 million, driven by Free People's broadening reach among specialty retailers and department store partners. Subscription segment sales rose 29% to $178.6 million. The results marked the company's eighth consecutive quarter of record sales and profits, the company said. Gross profit was $721.6 million, or 43.4% of net sales. Excluding the IEEPA tariff refunds, adjusted gross profit was $625.9 million, or 37.7% of net sales — roughly in line with the prior year's 37.6%. Urban Outfitters ended the quarter with 801 company-owned stores, adding a net 17 locations during the first half of the year. The Free People group saw the most expansion, growing from 268 to 284 stores. The quarter's results build on a strong first half for the company. Urban Outfitters reported record first-quarter net income of $115.7 million in May, when the Free People group posted 17% sales growth and the company beat both earnings and revenue estimates. Chief Executive Officer Richard Hayne said at the time that the company's largely higher-income customer base had remained engaged despite economic uncertainty.

Investor releaseQuarter not tagged2026-08-26

Urban Outfitters Fiscal Q2 Adjusted Earnings, Revenue Rise

MT Newswires

Urban Outfitters (URBN) reported fiscal Q2 adjusted earnings Wednesday of $1.72 per diluted share, u

Investor releaseQuarter not tagged2026-08-26

Urban Outfitters (URBN) Matches Q2 Earnings Estimates

Zacks
Urban Outfitters (URBN) came out with quarterly earnings of $1.72 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $1.58 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this clothing and accessories retailer would post earnings of $1.12 per share when it actually produced earnings of $1.3, delivering a surprise of +16.07%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Urban Outfitters, which belongs to the Zacks Retail - Apparel and Shoes industry, posted revenues of $1.66 billion for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 0.83%. This compares to year-ago revenues of $1.5 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Urban Outfitters shares have added about 0.7% since the beginning of the year versus the S&P 500's gain of 12.2%. While Urban Outfitters has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Urban Outfitters was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interest…Read full document

Urban Outfitters (URBN) came out with quarterly earnings of $1.72 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $1.58 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this clothing and accessories retailer would post earnings of $1.12 per share when it actually produced earnings of $1.3, delivering a surprise of +16.07%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Urban Outfitters, which belongs to the Zacks Retail - Apparel and Shoes industry, posted revenues of $1.66 billion for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 0.83%. This compares to year-ago revenues of $1.5 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Urban Outfitters shares have added about 0.7% since the beginning of the year versus the S&P 500's gain of 12.2%. While Urban Outfitters has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Urban Outfitters was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.50 on $1.64 billion in revenues for the coming quarter and $6.13 on $6.71 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Apparel and Shoes is currently in the top 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Sportsman's Warehouse (SPWH), is yet to report results for the quarter ended July 2026. The results are expected to be released on September 1. This outdoor sporting goods specialty retailer is expected to post quarterly loss of $0.11 per share in its upcoming report, which represents a year-over-year change of +8.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Sportsman's Warehouse's revenues are expected to be $295.2 million, up 0.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report Sportsman's Warehouse Holdings, Inc. (SPWH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Investor releaseQuarter not tagged2026-08-26

Urban Outfitters’s (NASDAQ:URBN) Q2 CY2026: Reports In Line Quarter

StockStory
Clothing and accessories retailer Urban Outfitters (NASDAQ:URBN) reported Q2 CY2026 results topping the market’s revenue expectations , with sales up 10.4% year on year to $1.66 billion. Its non-GAAP profit of $1.72 per share was in line with analysts’ consensus estimates. Is now the time to buy Urban Outfitters? Find out in our full research report. Revenue: $1.66 billion vs analyst estimates of $1.65 billion (10.4% year-on-year growth, 0.7% beat) Adjusted EPS: $1.72 vs analyst estimates of $1.73 (in line) Operating Margin: 17.4%, up from 11.6% in the same quarter last year Free Cash Flow Margin: 18.1%, up from 10.4% in the same quarter last year Same-Store Sales rose 6.2% year on year, in line with the same quarter last year Market Capitalization: $6.49 billion “We are pleased to report our highest adjusted profit quarter in Company history, marking our eighth consecutive quarter of record sales and profits. These results were driven by positive Retail segment ‘comps’ at every brand and continued double-digit growth in our Wholesale and Subscription segments,” said Richard A. Hayne, Chief Executive Officer. “Our customers continue to respond favorably to our fashion assortments. This gives us confidence in URBN's ongoing success,” finished Mr. Hayne. Founded as a purveyor of vintage items, Urban Outfitters (NASDAQ:URBN) now largely sells new apparel and accessories to teens and young adults seeking on-trend fashion. A company’s long-term sales performance is one signal of its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. With $6.47 billion in revenue over the past 12 months, Urban Outfitters is a mid-sized retailer, which sometimes brings disadvantages compared to larger competitors benefiting from better economies of scale. As you can see below, Urban Outfitters grew its sales at a mediocre 9.4% compounded annual growth rate over the last three years, but to its credit, it opened new stores and increased sales at existing, established locations. This quarter, Urban Outfitters reported year-on-year revenue growth of 10.4%, and its $1.66 billion of revenue exceeded Wall Street’s estimates by 0.7%. Looking ahead, sell-side analysts expect revenue to grow 7.3% over the next 12 months, a slight deceleration versus the last three years. Despite the slowdown, this projection is commenda…Read full document

Clothing and accessories retailer Urban Outfitters (NASDAQ:URBN) reported Q2 CY2026 results topping the market’s revenue expectations , with sales up 10.4% year on year to $1.66 billion. Its non-GAAP profit of $1.72 per share was in line with analysts’ consensus estimates. Is now the time to buy Urban Outfitters? Find out in our full research report. Revenue: $1.66 billion vs analyst estimates of $1.65 billion (10.4% year-on-year growth, 0.7% beat) Adjusted EPS: $1.72 vs analyst estimates of $1.73 (in line) Operating Margin: 17.4%, up from 11.6% in the same quarter last year Free Cash Flow Margin: 18.1%, up from 10.4% in the same quarter last year Same-Store Sales rose 6.2% year on year, in line with the same quarter last year Market Capitalization: $6.49 billion “We are pleased to report our highest adjusted profit quarter in Company history, marking our eighth consecutive quarter of record sales and profits. These results were driven by positive Retail segment ‘comps’ at every brand and continued double-digit growth in our Wholesale and Subscription segments,” said Richard A. Hayne, Chief Executive Officer. “Our customers continue to respond favorably to our fashion assortments. This gives us confidence in URBN's ongoing success,” finished Mr. Hayne. Founded as a purveyor of vintage items, Urban Outfitters (NASDAQ:URBN) now largely sells new apparel and accessories to teens and young adults seeking on-trend fashion. A company’s long-term sales performance is one signal of its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. With $6.47 billion in revenue over the past 12 months, Urban Outfitters is a mid-sized retailer, which sometimes brings disadvantages compared to larger competitors benefiting from better economies of scale. As you can see below, Urban Outfitters grew its sales at a mediocre 9.4% compounded annual growth rate over the last three years, but to its credit, it opened new stores and increased sales at existing, established locations. This quarter, Urban Outfitters reported year-on-year revenue growth of 10.4%, and its $1.66 billion of revenue exceeded Wall Street’s estimates by 0.7%. Looking ahead, sell-side analysts expect revenue to grow 7.3% over the next 12 months, a slight deceleration versus the last three years. Despite the slowdown, this projection is commendable and indicates the market is forecasting success for its products. ONE MORE THING: 3 Hidden Platforms Growing 3X Faster than Amazon, Google, and PayPal. Amazon, Google, and Meta all followed the same playbook: Dominate an ignored market. Build an unbeatable moat. Scale until you’re unstoppable. These three platforms are running that exact playbook right now. The early investors in Amazon made fortunes. The early investors in these could do the same. Get All 3 Stocks Here for FREE. The number of stores a retailer operates is a critical driver of how quickly company-level sales can grow. Urban Outfitters opened new stores at a rapid clip over the last two years, averaging 5.1% annual growth, much faster than the broader consumer retail sector. This gives it a chance to become a large, scaled business over time. When a retailer opens new stores, it usually means it’s investing for growth because demand is greater than supply, especially in areas where consumers may not have a store within reasonable driving distance. Note that Urban Outfitters reports its store count intermittently, so some data points are missing in the chart below. The change in a company’s store base only tells one side of the story. The other is the performance of its existing locations and e-commerce sales, which informs management teams whether they should expand or downsize their physical footprints. Same-store sales is an industry measure of whether revenue is growing at those existing stores and is driven by customer visits (often called traffic) and the average spending per customer (ticket). Urban Outfitters has been one of the most successful retailers over the last two years thanks to skyrocketing demand within its existing locations. On average, the company has posted exceptional year-on-year same-store sales growth of 5.3%. This performance suggests its rollout of new stores is beneficial for shareholders. We like this backdrop because it gives Urban Outfitters multiple ways to win: revenue growth can come from new stores, e-commerce, or increased foot traffic and higher sales per customer at existing locations. In the latest quarter, Urban Outfitters’s same-store sales rose 6.2% year on year. This performance was more or less in line with its historical levels. We were impressed by how significantly Urban Outfitters blew past analysts’ gross margin expectations this quarter. We were also happy its revenue an EPS met Wall Street’s estimates. Overall, this print was in line with consensus estimates, but the market seemed to be hoping for more, and the stock traded down 3.9% to $79.75 immediately following the results. Should you buy the stock or not? What happened in the latest quarter matters, but not as much as longer-term business quality and valuation, when deciding whether to invest in this stock. We cover that in our actionable full research report which you can read here, it’s free.

Investor releaseQuarter not tagged2026-08-26

Urban Outfitters Q2 Earnings Call Highlights

MarketBeat
Interested in Urban Outfitters, Inc.? Here are five stocks we like better. Urban Outfitters delivered record Q2 results: Sales rose 10% to $1.7 billion, operating income increased 11% to $193 million, and adjusted EPS grew 9% to $1.72. All retail brands posted positive comparable sales. FP Group and Nuuly led growth. FP Group revenue increased 15%, while Nuuly revenue rose 29% to $179 million and reached its first quarterly operating profit, with 484,000 average active subscribers. Management maintained a positive outlook for high-single-digit fiscal-year sales growth and roughly 25 basis points of gross-margin improvement, despite tariff and fuel-surcharge pressures. Third-quarter sales are expected to grow in the high-single-digit range. Abercrombie’s Comeback Is a Work in Progress Urban Outfitters (NASDAQ:URBN) reported record second-quarter sales and earnings for fiscal 2027, extending what CEO and Chairman Dick Hayne described as the company’s eighth consecutive quarter of record sales and profits. Net sales rose 10% to $1.7 billion in the quarter ended July 31, 2026. Operating income increased 11% to a company record of $193 million, while adjusted earnings per diluted share grew 9% to $1.72. Management’s adjusted figures exclude one-time benefits associated with refunds of previously paid IEEPA tariffs, related interest income and a tax benefit tied to foreign deferred tax assets. → What Rising Delivery Forecasts Say About Rivian's Stock Prospects This Golden Cross Could Send Urban Outfitters to New Highs All of the company’s retail brands posted positive comparable sales, while its wholesale and Nuuly subscription-rental businesses also reported record second-quarter results. Retail segment comparable sales increased 6%, with digital comparable sales slightly ahead of store performance. The FP Group, which includes Free People and FP Movement, was a major contributor to growth. The group’s total revenue increased 15%, driven by a 10% retail segment comparable-sales gain, new stores and wholesale expansion. Wholesale revenue for the group rose 19%, led by FP Movement, intimates and women’s apparel. → NVIDIA Reveals $21 Billion SpaceX Stake: Signal of Confidence or Circular Financing? Urban Outfitters Stock Stalls Despite Another Strong Quarter Free People posted 11% sales growth and a 9% retail segment comp, with strength in bottoms and intimates. FP…Read full document

Interested in Urban Outfitters, Inc.? Here are five stocks we like better. Urban Outfitters delivered record Q2 results: Sales rose 10% to $1.7 billion, operating income increased 11% to $193 million, and adjusted EPS grew 9% to $1.72. All retail brands posted positive comparable sales. FP Group and Nuuly led growth. FP Group revenue increased 15%, while Nuuly revenue rose 29% to $179 million and reached its first quarterly operating profit, with 484,000 average active subscribers. Management maintained a positive outlook for high-single-digit fiscal-year sales growth and roughly 25 basis points of gross-margin improvement, despite tariff and fuel-surcharge pressures. Third-quarter sales are expected to grow in the high-single-digit range. Abercrombie’s Comeback Is a Work in Progress Urban Outfitters (NASDAQ:URBN) reported record second-quarter sales and earnings for fiscal 2027, extending what CEO and Chairman Dick Hayne described as the company’s eighth consecutive quarter of record sales and profits. Net sales rose 10% to $1.7 billion in the quarter ended July 31, 2026. Operating income increased 11% to a company record of $193 million, while adjusted earnings per diluted share grew 9% to $1.72. Management’s adjusted figures exclude one-time benefits associated with refunds of previously paid IEEPA tariffs, related interest income and a tax benefit tied to foreign deferred tax assets. → What Rising Delivery Forecasts Say About Rivian's Stock Prospects This Golden Cross Could Send Urban Outfitters to New Highs All of the company’s retail brands posted positive comparable sales, while its wholesale and Nuuly subscription-rental businesses also reported record second-quarter results. Retail segment comparable sales increased 6%, with digital comparable sales slightly ahead of store performance. The FP Group, which includes Free People and FP Movement, was a major contributor to growth. The group’s total revenue increased 15%, driven by a 10% retail segment comparable-sales gain, new stores and wholesale expansion. Wholesale revenue for the group rose 19%, led by FP Movement, intimates and women’s apparel. → NVIDIA Reveals $21 Billion SpaceX Stake: Signal of Confidence or Circular Financing? Urban Outfitters Stock Stalls Despite Another Strong Quarter Free People posted 11% sales growth and a 9% retail segment comp, with strength in bottoms and intimates. FP Movement delivered 26% revenue growth and a 13% retail segment comp. The activewear brand opened four stores during the quarter, bringing its standalone store count to 97. Urban Outfitters brand sales increased 8%, including an 8% global retail segment comp. In North America, digital sales outperformed stores, while European stores outperformed the digital channel. President Shea Jensen said the brand’s momentum reflected continued demand for denim, pants, lounge, novelty items and shoes, as well as marketing efforts that drove double-digit digital growth and customer acquisition. → Berkshire Boosts Its Bet: This AI Hyperscaler Is Now a Top-3 Holding Anthropologie reported 5% total revenue growth, supported by a 3% retail segment comp and new stores. Apparel and accessories posted positive comps, while home was flat. Global CEO Tricia Smith said the company saw elevated markdowns as it worked through slower-turning inventory, but regular-price comps turned positive in July as early fall merchandise reached stores. Smith said the brand is rebalancing its assortment to make room for newness and believes it can return to a more consistent mid-single-digit comparable-sales growth rate over the longer term. Anthropologie recorded its 22nd consecutive quarter of positive sales comps and its 15th consecutive quarter with a double-digit operating-income rate, according to management. Nuuly continued to expand rapidly, with revenue rising 29% to $179 million. Average active subscribers increased 30% from a year earlier to 484,000, and the business surpassed 500,000 active subscribers in early June before seasonal declines during the summer. Nuuly President Dave Hayne said the subscription-rental business generated quarterly operating income of $18 million, or a 10% operating margin, for the first time. He said margins are expected to ease to the high-single-digit range in the second half because the second quarter is seasonally the strongest period for profitability. For the full fiscal year, management said Nuuly could generate more than $700 million in revenue with a high-single-digit operating profit rate. The company expanded the service’s selection by 35% year over year to nearly 33,000 choices and added brands including Revolve private-label offerings, Collina Strada, Faithfull and Edikted. Nike was scheduled to join the platform in August, followed by J.Crew in October. Nuuly is also expanding fulfillment capacity and automation. Its Kansas City facility has grown to 1 million square feet and can support up to 600,000 subscribers. The company is planning a new 1 million-square-foot facility near Philadelphia that is expected to open in late calendar 2028 and raise East Coast capacity to 600,000 subscribers. Once completed, the full network is expected to support roughly 1.2 million subscribers. Gross profit dollars increased 11%, and the gross margin rate rose four basis points to 37.7%. Management said sales growth helped leverage store occupancy costs and delivery expenses, though those benefits were partly offset by higher merchandise costs from tariffs, inbound freight fuel surcharges and modestly higher Anthropologie markdowns. The company said fuel surcharges related to the Middle East war reduced initial merchandise margin by about 50 basis points and outbound delivery and freight expenses by about 20 basis points during the quarter. Urban Outfitters expects those costs to remain in place for the rest of the fiscal year, assuming oil-related surcharges do not decline. However, management said its effective tariff rate should be favorable in the second half as the company begins to anniversary higher prior-year tariffs. CFO Melanie Marein-Efron said third-quarter gross margin could improve by 25 to 50 basis points from the prior year, despite an estimated 70-basis-point headwind from fuel surcharges in each of the third and fourth quarters. For the third quarter, Urban Outfitters expects total company sales growth in the high-single-digit range. The outlook includes: Mid-single-digit retail segment comparable-sales growth; High-single-digit comps for the FP Group; Mid-single-digit comps for Urban Outfitters; Low- to mid-single-digit comps for Anthropologie; High-20% revenue growth at Nuuly; and Low-teens wholesale revenue growth. For the full fiscal year, the company continues to expect high-single-digit sales growth, with gross margin improving by about 25 basis points. Capital expenditures are planned at approximately $475 million, with about half allocated to logistics investments. Urban Outfitters plans to open about 54 stores and close about 18 during fiscal 2027, with much of the net new growth coming from FP Movement. Hayne said management sees resilient consumer demand across its brands and expects the fuller-bottom fashion trend to continue into fiscal 2028. He also highlighted ongoing investment in artificial intelligence tools across supply chain, creative, design, marketing and inventory functions, although executives said measurable efficiencies from those efforts will take time to fully develop. Urban Outfitters, Inc is a global lifestyle retailer headquartered in Philadelphia, Pennsylvania. Established in 1970 by Richard Hayne, Scott Belair and Judy Wicks, the company began as a single store catering to college students in the city's historic Old City neighborhood. Over the decades, Urban Outfitters has expanded its reach and diversified its portfolio to include multiple retail concepts addressing distinct customer segments. The company operates through several well-known brands, each offering a curated selection of apparel, footwear, accessories and home goods. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Urban Outfitters Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

Investor releaseQuarter not tagged2026-08-26

Here's What Key Metrics Tell Us About Urban Outfitters (URBN) Q2 Earnings

Zacks
Urban Outfitters (URBN) reported $1.66 billion in revenue for the quarter ended July 2026, representing a year-over-year increase of 10.4%. EPS of $1.72 for the same period compares to $1.58 a year ago. The reported revenue represents a surprise of +0.83% over the Zacks Consensus Estimate of $1.65 billion. With the consensus EPS estimate being $1.72, the company has not delivered EPS surprise. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Urban Outfitters performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Number of stores - Retail Operations - Free People: 284 versus the four-analyst average estimate of 283. Number of stores - Retail Operations - Anthropologie: 257 versus 257 estimated by four analysts on average. Number of stores - Retail Operations - Urban Outfitters: 252 compared to the 252 average estimate based on four analysts. Comparable store sales - Retail Operations - YoY change: 6.2% compared to the 6.3% average estimate based on three analysts. Comparable store sales - Retail Operations - Urban Outfitters - YoY change: 8.4% versus 8.2% estimated by three analysts on average. Net sales by brand- Anthropologie: $634.54 million compared to the $638.53 million average estimate based on four analysts. The reported number represents a change of +4.5% year over year. Net sales by brand- Urban Outfitters: $360.02 million compared to the $356.53 million average estimate based on four analysts. The reported number represents a change of +8.1% year over year. Net sales by brand- Menus & Venues: $10.71 million compared to the $10.97 million average estimate based on three analysts. The reported number represents a change of +0.2% year over year. Net sales- Retail operations: $1.39 billion versus $1.39 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +8% change. Net s…Read full document

Urban Outfitters (URBN) reported $1.66 billion in revenue for the quarter ended July 2026, representing a year-over-year increase of 10.4%. EPS of $1.72 for the same period compares to $1.58 a year ago. The reported revenue represents a surprise of +0.83% over the Zacks Consensus Estimate of $1.65 billion. With the consensus EPS estimate being $1.72, the company has not delivered EPS surprise. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Urban Outfitters performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Number of stores - Retail Operations - Free People: 284 versus the four-analyst average estimate of 283. Number of stores - Retail Operations - Anthropologie: 257 versus 257 estimated by four analysts on average. Number of stores - Retail Operations - Urban Outfitters: 252 compared to the 252 average estimate based on four analysts. Comparable store sales - Retail Operations - YoY change: 6.2% compared to the 6.3% average estimate based on three analysts. Comparable store sales - Retail Operations - Urban Outfitters - YoY change: 8.4% versus 8.2% estimated by three analysts on average. Net sales by brand- Anthropologie: $634.54 million compared to the $638.53 million average estimate based on four analysts. The reported number represents a change of +4.5% year over year. Net sales by brand- Urban Outfitters: $360.02 million compared to the $356.53 million average estimate based on four analysts. The reported number represents a change of +8.1% year over year. Net sales by brand- Menus & Venues: $10.71 million compared to the $10.97 million average estimate based on three analysts. The reported number represents a change of +0.2% year over year. Net sales- Retail operations: $1.39 billion versus $1.39 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +8% change. Net sales- Wholesale operations: $90.79 million versus the three-analyst average estimate of $87.67 million. The reported number represents a year-over-year change of +18.6%. Net sales by brand- FP Group: $478.05 million compared to the $470.24 million average estimate based on three analysts. The reported number represents a change of +15.2% year over year. Net sales- Subscription operations: $178.61 million versus $174.24 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +28.6% change. View all Key Company Metrics for Urban Outfitters here>>> Shares of Urban Outfitters have returned +0.8% over the past month versus the Zacks S&P 500 composite's +3.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Investor releaseQuarter not tagged2026-08-26

Abercrombie & Fitch Lifts Full-Year Outlook as Fiscal Second-Quarter Results Top Views

MT Newswires

Abercrombie & Fitch (ANF) raised its full-year outlook on Wednesday as tariff-related refund benefit

As of 2026-09-05 • Updated weeklySource: Earnings sourceIngestion runbook