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Urban Outfitters (URBN) Q1 Earnings and Revenues Beat Estimates
zacks.com· 2024-05-21 22:16
Urban Outfitters (URBN) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 40.82%. A quarter ago, it was expected that this clothing and accessories retailer would post earnings of $0.73 per share when it actually produced earnings of $0.69, delivering a surprise of -5.48%. Over the las ...
URBN Reports Record Q1 Sales and Earnings
globenewswire.com· 2024-05-21 20:05
Total Company net sales for the three months ended April 30, 2024, increased 7.8% to a record $1.20 billion. Total Retail segment net sales increased 5.8%, with comparable Retail segment net sales increasing 4.6%. The increase in Retail segment comparable net sales was driven by high single-digit positive growth in digital channel sales and low single-digit positive growth in retail store sales. Comparable Retail segment net sales increased 17.1% at Free People and 10.4% at Anthropologie and decreased 13.7% ...
URBN Reports Record Q1 Sales and Earnings
Newsfilter· 2024-05-21 20:05
PHILADELPHIA, May 21, 2024 (GLOBE NEWSWIRE) -- Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands including the Anthropologie, Free People, FP Movement, Urban Outfitters and Nuuly brands, today announced net income of $61.8 million and record first quarter earnings per diluted share of $0.65 for the three months ended April 30, 2024. For the three months ended April 30, 2024, adjusted net income was $65.5 million and a ...
Rising 15% This Year, Will Urban Outfitters' Strong Run Continue Following Q1 Results?
forbes.com· 2024-05-21 11:15
Westfield LONDON,ENGLAND - February 2024: Urban Outfitters store sign External Store Sign London, ... [+] England. (Photo by Peter Dazeley/Getty Images) Getty Images Note: Urban Outfitters' FY'24 ended in January 2024. Urban Outfitters (NASDAQ NASDAQ : URBN), a lifestyle retailer focusing on young adults and teenagers, is scheduled to report its first-quarter fiscal 2025 (year ending January 2025) results on Tuesday, May 21. We expect the company stock to likely trade higher with revenue and earnings beatin ...
Urban Outfitters (URBN) to Report Q1 Earnings: What to Expect?
zacks.com· 2024-05-17 17:26
Urban Outfitters, Inc. (URBN) is set to report first-quarter fiscal 2025 results on May 21, after market close. The Zacks Consensus Estimate for the quarterly top line is pegged at $1,168 million, indicating a 4.9% rise from the prior-year period's reported level. The Zacks Consensus Estimate for earnings is pinned at 49 cents per share, indicating a decline of 12.5% from earnings of 56 cents a share recorded in the prior-year period. The consensus mark has been unchanged over the past 30 days. The company ...
Stay Ahead of the Game With Urban Outfitters (URBN) Q1 Earnings: Wall Street's Insights on Key Metrics
zacks.com· 2024-05-16 14:15
The upcoming report from Urban Outfitters (URBN) is expected to reveal quarterly earnings of $0.49 per share, indicating a decline of 12.5% compared to the year-ago period. Analysts forecast revenues of $1.17 billion, representing an increase of 4.9% year over year. The consensus EPS estimate for the quarter has undergone a downward revision of 0.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during thi ...
Earnings Preview: Urban Outfitters (URBN) Q1 Earnings Expected to Decline
Zacks Investment Research· 2024-05-14 15:01
The consensus EPS estimate for the quarter has been revised 0.35% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. This clothing and accessories retailer is expected to post quarterly earnings of $0.49 per share in its upcoming report, which represents a year-over-year change of -12.5%. Revenues are expected to be $1.17 billion, up 4.9% from the year-ago quarter. Estimate Rev ...
Urban Outfitters (URBN) Gains on Expansion, Innovative Approach
Zacks Investment Research· 2024-04-18 17:10
Urban Outfitters Inc. (URBN) is strategically positioning itself for sustained growth and market leadership in fiscal 2025 through a comprehensive and innovative approach. The company’s focus on enhancing its FP Movement and Nuuly brands reflects a deep understanding of consumer preferences and market trends, particularly in the activewear and sustainable fashion sectors.With significant investments planned in store expansions, fulfillment capabilities and technological upgrades, Urban Outfitters aims to st ...
Analyst: Slowing Foot Traffic Could Pressure Retail Stock
Schaeffers Research· 2024-04-17 14:16
Urban Outfitters, Inc. (NASDAQ:URBN) stock is 2.9% lower to trade at $36.94 this morning, following a bear note from Jefferies. The analyst downgraded the apparel retailer to "underperform" from "hold," while lowering its price target by $10 to $32, citing slowing foot traffic at the company's branded stores.URBN is trading at its lowest level since Jan. 8, but the shares' 200-day moving average is keeping today's pullback in check. Over the last month, Urban Outfitters has shed nearly 15%, and is close to ...
Stripe and Urban Outfitters Owner URBN Launch Payments Partnership
PYMNTS· 2024-04-16 13:00
Financial infrastructure platform Stripe has launched a payments partnership with retail group URBN.The collaboration, announced Tuesday (April 16) will see is designed to offer a more consistent checkout experience for customers making online and in-person payments at retailers including Urban Outfitters, Anthropologie, Free People and FP Movement.“Payments are a critical link between our brands and millions of URBN customers who expect checkouts to be as easy as trying on an outfit or adding items to a ca ...