UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended October 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 000-22754 Urban Outfitters, Inc. (Exact Name of Registrant as Specified in Its Charter) Pennsylvania 23-2003332 (State or Other Jurisdiction of In ...

Urban Outfitters, Inc. (NASDAQ:URBN) Q3 2024 Earnings Conference Call November 21, 2023 5:15 PM ET Company Participants Oona McCullough - Executive Director, IR Frank Conforti - Co-President and COO, URBN Dave Hayne - Chief Technology Officer and President, Nuuly Sheila Harrington - Global CEO, Free People and Urban Outfitters Melanie Marein-Efron - CFO, URBN Richard Hayne - CEO, URBN Conference Call Participants Lorraine Hutchinson - Bank of America Matthew Boss - JPMorgan Paul Lejuez - Citi Alex Straton ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended July 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 000-22754 Urban Outfitters, Inc. (Exact Name of Registrant as Specified in Its Charter) Pennsylvania 23-2003332 (State or Other Jurisdiction of Incor ...

Urban Outfitters, Inc. (NASDAQ:URBN) Q2 2024 Earnings Conference Call August 22, 2023 5:15 PM ET Company Participants Oona McCullough - IR Richard Hayne - CEO Tricia Smith - Global CEO, Anthropologie Group Frank Conforti - Co-President & Chief Operating Officer Melanie Marein-Efron - CFO Sheila Harrington - Global CEO, Urban Outfitters & Free People Groups Conference Call Participants Lorraine Hutchinson - Bank of America Adrienne Yih - Barclays Paul Lejuez - Citi Alex Straton - Morgan Stanley Matthew Boss ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended April 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 000-22754 Urban Outfitters, Inc. (Exact Name of Registrant as Specified in Its Charter) Pennsylvania 23-2003332 (State or Other Jurisdiction of Inco ...

Urban Outfitters, Inc. (NASDAQ:URBN) Q1 2024 Earnings Conference Call May 23, 2023 5:15 PM ET Company Participants Oona McCullough - Investor Relations Richard Hayne - Chief Executive Officer Frank Conforti - Co-President and Chief Operating Officer Melanie Marein-Efron - Chief Financial Officer Sheila Harrington - Global Chief Executive Officer, Urban Outfitters & Free People Groups Conference Call Participants Adrienne Yih - Barclays Lorraine Hutchinson - Bank of America Paul Lejuez - Citi Alex Straton - ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K For the fiscal year ended January 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File No. 000-22754 URBAN OUTFITTERS, INC. (Exact Name of Registrant as Specified in Its Charter) Pennsylvania 23-2003332 (State or Other Jurisdictio ...

Financial Data and Key Metrics Changes - Total company sales grew by 4% to a record $1.4 billion in Q4, driven by a 3% increase in retail segment comparable sales and a $25 million increase in the newly segment revenue [25] - Gross profit dollars increased by 1% to $372 million, while the gross profit rate decreased by 68 basis points to 26.9% due to store impairment charges [25] - SG&A expenses increased by 7% year-over-year, leading to a decline in operating profit to $37 million and a 17% decrease in earnings per share to $0.34 [68] Business Line Data and Key Metrics Changes - The Anthropologie Group achieved a 9% retail segment comparable sales increase in Q4, driven by strong performance in apparel, home, and accessories [5] - Free People brand saw a 15% gain in retail segment comparable sales, with double-digit growth across all major categories, while wholesale segment sales decreased by 13% [38] - Nuuly, the apparel rental business, outperformed expectations with significant subscriber growth, reaching over 140,000 active subscribers [31] Market Data and Key Metrics Changes - Urban Outfitters North America recorded a negative 10% retail segment comparable sales in Q4, attributed to economic headwinds affecting consumer spending [69] - Urban Outfitters Europe, however, delivered a 9% retail segment comparable sales increase, indicating strong performance despite challenges in North America [69] Company Strategy and Development Direction - The company aims to improve profitability by enhancing initial markup and recapturing gross margins through better inventory management and reduced markdown rates [30] - A focus on attracting younger customers, particularly for Anthropologie, is part of the strategy to reverse the trend of an aging customer base [73] - The company plans to open approximately 35 new stores while closing about 16 stores in fiscal year 2024, with a significant number of new FP Movement stores [41] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the first half of fiscal 2024, citing strong demand for new fashion and no signs of slowdown in consumer spending for certain brands [30] - The macroeconomic environment remains challenging, particularly in Europe, with high inflation impacting consumer behavior [57] - The company anticipates that sales growth in Q1 could be similar to Q4, with expectations for improved gross profit margins due to better inventory management [40] Other Important Information - The company is investing $75 million to open a second fulfillment center to support Nuuly's growth, which is expected to triple network capacity [31] - The company has implemented a three-year plan to recapture 500 basis points of initial markup, with significant progress reported in Q4 [30] Q&A Session Summary Question: Insights on Urban Outfitters brand turnaround - Management indicated that the turnaround is focused on inventory management and filling key vacancies, with no immediate need for pricing adjustments [76][88] Question: Performance of suburban vs urban stores - Management noted that urban stores are still facing challenges, but suburban stores are performing well, with plans to open larger Movement stores to accommodate more product [81][82] Question: Current customer behavior by channel - Management observed a shift towards e-commerce, with online sales now exceeding 50% of total sales, indicating a lasting change in consumer shopping behavior post-COVID [103]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended October 31, 2022 OR (Exact Name of Registrant as Specified in Its Charter) Pennsylvania 23-2003332 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 5000 South Broad Street, Philadelphia, PA 19112-1495 (Address of Principal Executive Offices) (Zip Code) Registr ...

Financial Data and Key Metrics Changes - Total revenue growth for Q3 2023 was 4%, reaching a record of $1.2 billion, driven by a 4% increase in retail segment comparable sales and a significant revenue increase from Nuuly, which grew 178% year-over-year [8][20][16] - Wholesale segment sales declined by 3%, and foreign currency translation negatively impacted total sales growth by approximately 200 basis points [9][20] - Total inventory increased by 19% compared to the prior year, a reduction from a 44% increase in the previous quarter [24][25] Business Line Data and Key Metrics Changes - The Anthropologie Group achieved a 13% retail segment comparable sales increase, driven by strong performance across apparel, home, and accessories [27] - Free People Group recorded an 8% retail segment comparable sales increase, with double-digit growth in the digital channel [31] - Urban Outfitters brand experienced a negative 9% retail segment comparable sales decline, primarily due to disappointing performance in North America [34] Market Data and Key Metrics Changes - Urban Outfitters' North American customers are facing economic challenges, leading to reduced discretionary spending and lower transaction frequency [12][54] - In contrast, Urban Outfitters Europe performed well, achieving a 13% retail segment comparable sales increase, benefiting from strong store traffic and improved inventory management [37] Company Strategy and Development Direction - The company plans to focus on improving inventory management and reducing markdown rates, particularly for the Urban Outfitters brand, to enhance profitability [15][61] - There is a commitment to entering the spring selling season with leaner inventories to reduce markdowns and improve margins [15][44] - The company aims to attract new customers through increased marketing efforts, especially for the Anthropologie and Free People brands [53] Management's Comments on Operating Environment and Future Outlook - Management noted a slight softening in demand in November, attributed to last year's strong early holiday shopping due to supply chain concerns [11] - The macroeconomic environment remains uncertain, but management is optimistic about improvements in supply chain costs and speed-to-market capabilities [14] - The company anticipates that the Urban Outfitters brand will need to adjust pricing strategies to better align with customer expectations and economic conditions [54][62] Other Important Information - Nuuly's active subscribers grew by 37% quarter-over-quarter, surpassing 120,000, indicating strong demand for the apparel rental business [16] - The company plans to open 10 new stores while closing 11, focusing on enhancing distribution and fulfillment capacity [45] Q&A Session Summary Question: Outlook for Anthropologie and Free People divisions in FY '24 - Management expects FY '24 to rely more on acquiring new customers and increasing transaction frequency, with AOV and AUR likely remaining static [52] Question: Urban Outfitters AUR compared to pre-pandemic levels - Urban Outfitters' AUR is approximately 5% higher than pre-pandemic levels, with plans to adjust pricing strategies to better meet customer needs [58][62] Question: Inventory management strategies for next year - Management believes it is possible to have negative inventory while still achieving positive sales, particularly in the first half of the year [65] Question: Current selling trends and consumer spending outlook for the holiday season - Retail segment comps for Anthropologie are currently high single-digit positive, while Urban Outfitters is experiencing low double-digit negative comps [72] Question: Differences in channel performance by brand - Anthropologie saw double-digit comps in both digital and store channels, while Free People performed better digitally [82]