Urban Outfitters news and archive

Urban Outfitters: Disappointing results lead to share price drop

Urban Outfitters Inc.'s latest quarterly financial results have sparked a negative reaction from investors, leading to a significant drop in its share price. The group, owner of popular brands Anthropologie and Free People, reported its Q2 performance last week that fell short of market expectations. Urban Outfitters Inc.'s share price fell...

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Urban Outfitters posts Q2 sales and profit growth

Urban Outfitters' net income increased to 117.5 million dollars and earnings per diluted share to 1.24 dollars for the second quarter. Net sales for the quarter increased 6.3 percent to 1.35 billion dollars with retail segment net sales increase of 3.1 percent and comparable retail segment net sales increasing 2 percent. The company’s net income...

Business

Urban Outfitters Q1 comparable sales up 4.6 percent

Urban Outfitters reported first quarter net income of 61.8 million dollars and earnings per diluted share of 65 cents, while adjusted net income was 65.5 million dollars and adjusted earnings per diluted share were 69 cents. Net sales for the quarter increased 7.8 percent to 1.20 billion dollars with retail segment net sales increase of 5.8...

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Anthropologie, Free People brands drive Q4 growth at Urban Outfitters

Urban Outfitters announced net income of 47.8 million dollars and earnings per diluted share of 50 cents for the fourth quarter. The company said in a release that adjusted net income reached 65.7 million dollars and adjusted earnings per diluted share were 69 cents for the quarter under review. Total net sales for the fourth quarter increased...

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Urban Outfitters sales jump, appoints president of North America

Urban Outfitters net sales for the two months ended December 31, 2023, increased 10 percent, while retail segment net sales increased 8 percent, with comparable retail segment net sales increasing 6 percent. For the eleven months ended December 31, 2023, net sales increased 8 percent, retail segment net sales increased 6 percent and comparable...

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Urban Outfitters delivers robust earnings growth

Urban Outfitters reported third quarter net income of 83 million dollars and earnings per diluted share of 88 cents. For the nine month period, net income was 239.9 million dollars and earnings per diluted share were 2.55 dollars. Total company net sales for the quarter increased 9 percent to 1.28 billion dollars, while for the nine months, net...

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Urban Outfitters reports strong growth in Q2 earnings

Urban Outfitters, Inc. reported net income of 104.1 million dollars and earnings per diluted share of 1.10 dollars for the second quarter. For the six months, net income was 156.9 million dollars and earnings per diluted share were 1.67 dollars. “We are proud to report record second quarter sales that helped drive a 72 percent increase in EPS,”...

Fashion |In Pictures

Urban Outfitters partners with Isko Denim

BDG, the in-house denim label by Urban Outfitters, is partnering with denim mill Isko on a 10-piece collection of workwear-inspired unisex denim pieces with finishing designs by British artist Dwayne Coleman. The BDG (By Urban Outfitters) and Isko Denim collection has been developed using more sustainable denim pieces, utilising recycled cotton...

Business

Urban Outfitters Q1 comparable sales increase by 5 percent

Urban Outfitters, Inc. announced net income of 53 million dollars and earnings per diluted share of 56 cents for the first quarter. The company said in a statement that net sales for the period increased 5.9 percent to 1.11 billion dollars. Retail segment net sales increased 4 percent, with comparable retail segment net sales increasing 5...

Retail

Tom Ford and URBN among retailers adding Clearpay’s pay-in-4 service to stores

A number of fashion and beauty retailers are expanding their in-store flexible payment services with Clearpay as customer demand for buy-now-pay-later features continues to rise. According to Clearpay, Tom Ford, MAC, Jo Malone, Cosmetic Company Stores, Le Labo, Too Faced and URBN, the owner of Urban Outfitters and Free People, have expanded...

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Urban Outfitters reports Q4 sales increase, earnings drop

Urban Outfitters, Inc. reported net income of 31.5 million dollars and earnings per diluted share of 34 cents for the fourth quarter. For the year ended January 31, 2023, net income was 159.7 million dollars and earnings per diluted share were 1.70 dollars. Total net sales for the quarter increased 3.9 percent to 1.38 billion dollars, while...

Business

URBN opens new fulfillment center in Missouri

Urban Outfitters (URBN), the parent company of brands like Urban Outfitters, Anthropologie, Free People, and Nuuly, announces the opening of a new fulfillment center at the Raymore Commerce Center in Missouri. The new facility plays a crucial role in the company’s operations, the company said. The 604,000 square feet center will handle the...