earnings
confidence high
sentiment positive
materiality 0.70
Urban Outfitters reports record Q1 sales of $1.48B, EPS $1.30, +11.4% YoY
URBAN OUTFITTERS INC
- Record Q1 net income $115.7M, diluted EPS $1.30; total net sales +11.4% to $1.48B.
- Retail segment comps +5.6% driven by high single-digit digital and mid single-digit store growth.
- FP Group comps +9.8%, Urban Outfitters +9.3%, Anthropologie +1.9%; Subscription +34.5%, Wholesale +24.8%.
- Gross profit rate down 16 bps on non-recurring prior-year gain; underlying rate improved 20 bps, partly offset by tariff deleverage.
- Repurchased 4.6M shares for ~$300M in Q1; 10.0M shares remain under program.