Financial Performance - URBN sales for the second quarter increased by 2% to a record $1.18 billion[5] - Gross profit dollars decreased by 14% to $375 million, and the gross profit rate decreased 595 bps to 31.7%[5] - Operating income dollars decreased by 48% to $86 million, with the operating income rate decreasing 708 bps to 7.3%[5] - Net income for the quarter was $59 million, or $0.64 per diluted share[5] Segment Performance - URBN Retail segment sales increased 1% to $1.10 billion, with comparable sales increasing 1%[7] - URBN Wholesale segment sales increased 1% to $59 million[7] - Nuuly segment sales increased by $19 million[7] Brand Performance - Anthropologie Group total sales increased 6% to $479 million[16] - Free People Group total sales increased 9% to $271 million[29] - Urban Outfitters brand sales decreased 10% to $396 million[36] Inventory - Total inventory increased 44% to $697 million[62] - Retail segment inventory increased by 42%[62] - Wholesale segment inventory increased by 64%[62] Capital Allocation - During the second quarter, the Company repurchased 2.3 million shares for $50 million at an average share price of $21.59[70]

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, 2022 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 2023 Results Conference Call August 23, 2022 5:15 PM ET Company Participants Oona McCullough - Executive Director of Investor Relations Richard Hayne - Chief Executive Officer Frank Conforti - Co-President & Chief Operating Officer Melanie Marein-Efron - Chief Financial Officer Sheila Harrington - Global CEO of Urban Outfitters & Free People Groups Tricia Smith - Global Chief Executive Officer of Anthropologie Group David Hayne - Chief Technology Officer, URBN & Presi ...

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, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (I.R.S. Employer Identification No.) Registrant's telephone number, including area code: (215) 454-5500 Securities registered pursuant to Section 12(b) of the Act: | Title of each class | Trading Symbol ...

Financial Data and Key Metrics Changes - Total company sales grew by 13% to a record $1.1 billion in Q1, driven by an 11% increase in Retail segment comparable sales and a 6% increase in Wholesale segment sales [16] - Gross and operating profit margins declined due to supply chain disruptions and increased inbound freight costs, leading to challenges in profit margins for the second quarter [19][20] - The company anticipates a 500 basis point decline in gross profit margins for Q2 compared to the previous year due to higher markdown rates and lower initial product margins [30] Business Line Data and Key Metrics Changes - Anthropologie group achieved an 18% Retail segment comparable sales increase, driven by strong full-price sales in apparel, particularly dresses [22] - Free People brand reported a 15% Retail segment comparable sales increase, supported by strong marketing campaigns and growth in the wholesale channel [23] - Urban Outfitters brand experienced a 1% Retail segment comparable sales increase, with a robust 44% comp in Europe offset by an 8% decline in North America [24] Market Data and Key Metrics Changes - The Urban brand in North America faced challenges due to inflation and difficult year-over-year comparisons, leading to expectations of underperformance in Q2 [13][24] - The company noted that the macro environment is impacting the Urban customer more significantly than those of Anthropologie and Free People, who are less affected by inflation [64] Company Strategy and Development Direction - The company is focusing on improving inventory levels and execution in the Urban brand, with plans to correct inventory issues throughout Q2 [24][32] - Capital expenditures for the fiscal year are planned at approximately $225 million, with investments in automation equipment to support growth in the Retail segment [33] - The company plans to open approximately 38 new stores while closing 16 stores during fiscal year 2023 [33] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about continued consumer demand for Anthropologie and Free People brands, anticipating positive sales in Q2 [12] - The company acknowledged the challenges posed by inflation and supply chain disruptions, particularly affecting the Urban brand, but remains focused on execution improvements [64][68] - Management expects SG&A growth to outpace sales in the near term but anticipates normalization in the back half of the year [79] Other Important Information - Nuuly segment saw significant growth, with active subscribers up nearly 200% year-over-year and 50% quarter-over-quarter, indicating strong market traction [25][99] - The company is experiencing elevated promotional activity due to a surplus of inventory across the retail sector [96] Q&A Session Summary Question: Operating cost inflation and freight cost outlook - Management indicated that freight costs remain significantly higher than normal and expect consistency into Q2, with potential improvement in Q3 [40][41] Question: Pricing actions and customer response - Selective price increases have been implemented, with minimal pushback from customers, although Urban customers are showing some hesitancy due to inflation [45][46] Question: Urban North America business performance - Management noted disappointing performance in the men's business but identified opportunities for improvement in the upcoming quarters [51] Question: Supply chain expense pressures and home category trends - Management expects some improvement in supply chain costs in Q3 and noted mixed performance in the home category, with growth in furniture but softness in certain gift categories [72][75] Question: Promotional environment expectations - An increase in promotional activity is anticipated throughout the year due to a surplus of inventory across the retail sector [96] Question: Nuuly growth drivers - Nuuly's growth is attributed to strong subscriber acquisition and retention, driven by customer interest in renting for events post-COVID [99]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2022 ☐ 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 Jurisdictio ...

Urban Outfitters, Inc. (NASDAQ:URBN) Q4 2022 Earnings Conference Call March 1, 2022 5:15 PM ET Company Participants Oona McCullough - Director of Investor Relations Richard Hayne - Chief Executive Officer Frank Conforti - Co-President & Chief Operating Officer Melanie Marein-Efron - Chief Financial Officer Sheila Harrington - Global Chief Executive Officer of Urban Outfitters & Free People Groups Tricia Smith - Global Chief Executive Officer of Anthropologie Group Conference Call Participants Adrienne Yih - ...

Urban Outfitters, Inc. FY'21 Q4 RESULTS Introduction Urban Outfitters, Inc. "URBN" is providing fiscal 2021 fourth quarter commentary ahead of our earnings call scheduled for March 2nd at 5:30pm. We remind you that any forward-looking statements made in this commentary are subject to our safe harbor statement found in our SEC filings. Our fourth quarter earnings release and related financial information are available on our website, www.urbn.com. Important Information Regarding Non-GAAP Financial Measures I ...

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, 2021 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 ...

Financial Data and Key Metrics Changes - Total company sales grew by 15% to a record $1.13 billion, driven by a 14% increase in total retail segment comparable sales [10] - The company achieved record results for total sales, operating income, and earnings per share [11] - Gross profit margins improved due to strong sales and controlled markdown rates, despite inflationary pressures [10][11] Business Line Data and Key Metrics Changes - Retail segment sales increased by 16%, with comparable store sales declining in the mid-single digit range but improving throughout the quarter [13] - Wholesale segment sales decreased by 15%, with Free People wholesale sales declining while Urban Outfitters wholesale sales increased [17] - Urban Outfitters brand achieved a 7% retail segment comparable sales increase, while Anthropologie delivered a 9% increase, and Free People saw a staggering 55% gain [18][21][25] Market Data and Key Metrics Changes - Digital channel sales grew significantly, with mid double-digit gains in North America and even larger gains in Europe [15] - Store traffic in the Southeast, Southwest, and Midwest outperformed major metro markets [14] - European traffic levels were stronger than those in North America [14] Company Strategy and Development Direction - The company is focusing on initiatives like FP Movement, Nuuly, and AnthroLiving to drive growth [43] - AnthroLiving is projected to deliver nearly $115 million in incremental sales, with ambitions to reach $1 billion in the future [41] - The company plans to open approximately 56 new stores while closing 21 stores for the fiscal year [35] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the holiday season, noting strong consumer demand and early shopping trends [38] - Supply chain challenges have impacted sales, but inventory levels are expected to improve [12][36] - The company anticipates mid-teens growth in retail segment comparable sales for the fourth quarter [32] Other Important Information - The company is strategically placing inventory in lower fashion risk categories to mitigate supply chain disruptions [36] - Capital expenditures for the fiscal year are planned at approximately $285 million, primarily for distribution and fulfillment capacity [35] Q&A Session Summary Question: Inventory for holiday and spring - Management confirmed sufficient inventory for the holiday season and extended lead times for home products to support spring [47][48] Question: Difference between traditional home offerings and AnthroLiving - AnthroLiving is expanding into furniture and decor, with growth seen across established categories [50][52] Question: Inventory composition and weeks of supply - Management noted improvements in apparel inventory balances and strategic early placements in home categories [55][58] Question: Consumer health and sales trends - Management observed strong consumer sentiment and positive sales trends, with total retail segment comps above 20% for Q4 [61][63] Question: Unit buys and supply chain impact - The company is buying more fabric earlier to mitigate supply chain delays and achieve better pricing [66][68] Question: Pricing strategy and real estate profile - Management is gently raising prices across all brands to offset inflation and plans to maintain a similar number of new store openings next year [74][75][76]