earnings
confidence high
sentiment positive
materiality 0.80
URBN Q3 EPS $0.88 (+120% YoY); record sales $1.28B; Free People +22.5%, Urban -14.2% comp
URBAN OUTFITTERS INC
2024-Q3 EPS reported
$2.55
revenue$3,667,043,000
- Net income $83.0M, diluted EPS $0.88 vs $0.40 prior year; record revenue $1.28B (+9.0%).
- Retail comp sales +5.6% driven by Free People (+22.5%) and Anthropologie (+13.2%); Urban Outfitters -14.2%.
- Gross profit rate +509 bps to 35.5%; inventory -3.0% YoY.
- Nuuly subscribers up 68% YoY; Nuuly segment net sales +$30.2M.
- Buyback program has $19.2M shares remaining; no repurchases during Q3.