earnings
confidence high
sentiment neutral
materiality 0.70
Urban Outfitters Q4 net income $31.5M, EPS $0.34; record sales $1.38B up 3.9% YoY
URBAN OUTFITTERS INC
2023-FY EPS reported
$1.70
revenue$4,795,244,000
- Q4 total net sales rose 3.9% to a record $1.38B; Retail segment comparable sales +3%.
- Free People Group comparable sales +15%, Anthropologie +9%, Urban Outfitters -10%.
- Nuuly subscribers surged 149% YoY; segment net sales up $25.5M to $42.7M.
- Gross profit rate fell 68 bps; SG&A deleveraged 63 bps on higher marketing and severance.
- FY2023 net income $159.7M ($1.70 diluted EPS); repurchased 4.7M shares for ~$112M.