earnings
confidence high
sentiment positive
materiality 0.75
Urban Outfitters Q2 record sales $1.35B, EPS $1.24, Nuuly subscribers up 55%
URBAN OUTFITTERS INC
2024-Q2 EPS reported
$1.89
revenue$2,552,691,000
- Net income $117.5M, diluted EPS $1.24 for Q2; sales record $1.35B (+6.3% YoY).
- Anthropologie +6.7% comp, Free People +7.1%, Urban Outfitters comp -9.3%.
- Nuuly segment sales +62.6% driven by 55% avg active subscriber growth.
- Gross profit rate +68 bps; SG&A deleverage 32 bps; inventory +3.1%.
- Repurchased 1.2M shares for ~$52M in 1H FY25; 18M shares remain.