secwatch.observer — SEC 8-K summary
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Issuer:     URBAN OUTFITTERS INC (URBN)
CIK:        0000912615
Form:       8-K
Filed at:   2022-11-22T23:59:59+00:00
Accession:  0000950170-22-025586
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Urban Outfitters Q3 net income $37.2M ($0.40 EPS); record sales $1.18B, up 3.9% YoY
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- Net income $37.2M ($0.40 diluted EPS) for Q3 ended Oct 31, 2022; nine-month net income $128.2M ($1.36 EPS).
- Retail comp sales +4%: Anthropologie +13%, Free People +8%, Urban Outfitters -9%.
- Gross profit rate down 416 bps to ~30.4% due to higher markdowns at all three brands.
- Inventory up 18.6% YoY; retail segment +17%, wholesale +39% on soft department-store sales.
- Nuuly net sales +$22.6M; subscribers up 185% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912615/000095017022025586/0000950170-22-025586-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912615/000095017022025586/urbn-20221121.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-025586

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer