URBN reports record holiday sales: total net sales +10% YoY; retail comp +6%

URBAN OUTFITTERS INC

Total net sales for two months ended Dec 31, 2024 increased 10% vs prior year.
Retail segment comparable net sales +6%; Anthropologie +10%, Free People +9%, Urban Outfitters -4%.
Nuuly segment net sales +55% driven by 53% increase in average active subscribers.
Wholesale segment net sales +29% due to Free People wholesale growth.
For eleven months, total net sales +7%; opened 45 stores, closed 12.

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