earnings
confidence high
sentiment neutral
materiality 0.75
Urban Outfitters reports 10% holiday sales growth; Urban Outfitters brand down 13% comp; new brand president hired.
URBAN OUTFITTERS INC
- Total company holiday sales (2 months) +10% YoY; Retail segment comp +6%.
- Free People comp +20%, Anthropologie +14%, Urban Outfitters comp -13%.
- Nuuly segment sales +71% (subscribers +58% vs prior year-end).
- Eleven-month total sales +8%; wholesale segment -4%.
- Shea Jensen named President of Urban Outfitters brand North America, effective Feb 5, 2024.