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, 2024 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 ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Investors with an interest in Retail - Apparel and Shoes stocks have likely encountered both Urban Outfitters (URBN) and Industria de Diseno Textil SA (IDEXY) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estim ...

NEW YORK, NEW YORK - NOVEMBER 29: A person walks past an Urban Outfitters sale advertisements on ... [+] November 29, 2024 in New York City. Black Friday sales will give economists a glimpse into consumers' holiday shopping mood. (Photo by David Dee Delgado/Getty Images)Getty ImagesNote: Urban Outfitters’ FY’24 ended in January 2024.Urban Outfitters (NASDAQ: URBN), a lifestyle retailer focusing on young adults and teenagers, grew 27% in the last five days (as of 29th November), as compared to a mere 1.5% in ...

Following my coverage on Urban Outfitters, Inc. (NASDAQ: URBN ) in Sep ’24, which I recommended a hold rating as the business is facing slowing growth and has potential for margin to contract further, this post isI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn ...

Shares of Urban Outfitters (NASDAQ: URBN ) have been a moderate performer over the past year, gaining 38%, a solid total return but behind the market's 32% gain. Shares are still about 3% below their 52-week high, given uncertainty about consumer spending. However, in what has been a mixed Over fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stoc ...

Financial Data and Key Metrics - Total URBN sales grew by 6% to a Q3 record of $1.4 billion [12] - Gross profit dollars increased by 9% to $497 million, with the gross profit rate improving by 105 basis points to 36.5% [14] - Operating income rose by 18% to $129 million, with an operating profit rate of 9.4% [19] - Net income increased by 24% to $103 million, or $1.10 per diluted share [19] - SG&A expenses increased by 7%, slightly outpacing sales growth [18] Business Line Performance - Anthropologie delivered a 6% Retail segment comp and its eighth straight quarter of double-digit operating income growth [20] - Free People Group, including Wholesale, saw total sales increase by 10%, driven by a 5% Retail segment comp and 20% Wholesale segment revenue growth [25] - Urban Outfitters recorded a 9% decline in Retail segment comp, primarily due to weak performance in North America [29] - Nuuly revenue grew by 48% to $97 million, with a 51% increase in average active subscribers [37] Market Performance - Retail segment comp grew by 2%, with Anthropologie and Free People posting mid-single-digit positive comps, offsetting Urban Outfitters' high-single-digit decline [13] - Nuuly's active subscriber base grew by 50% to 297,000, with over 300,000 subscribers reached in November [36] - FP Movement delivered 30% total growth, driven by a 14% Retail segment comp and over 70% Wholesale segment growth [26] Company Strategy and Industry Competition - The company is focused on improving gross margins through higher initial merchandise margins and reduced markdowns [14] - Nuuly is advancing its customer experience, scaling operations, and driving brand awareness to sustain growth [38][49] - FP Movement aims to become a leading fashion-infused female athletic brand globally, with a goal to surpass $1 billion in sales [70] Management Commentary on Operating Environment and Future Outlook - The company observed a return to healthy consumer spending patterns in October, with optimism for the holiday season [32] - Fourth-quarter sales growth is expected to mirror Q3, driven by low-single-digit Retail segment comp growth and strong Nuuly and Wholesale segment performance [33] - The company anticipates a 100 basis point improvement in gross margin for Q4, driven by lower markdowns and higher initial product margins [75] Other Important Information - Capital expenditures for FY'25 are planned at approximately $210 million, with 50% allocated to retail store expansion and support [78] - The company plans to open 58 new stores and close 31 stores during FY'25, with growth focused on FP Movement, Free People, and Anthropologie [79] Q&A Session Summary Question: Changes stabilizing Urban Outfitters and inventory planning for Q4 and spring - Urban Outfitters is focusing on improving regular price performance in key categories like denim, accessories, and home, with inventory managed more disciplinedly [86] Question: Silhouette shift and margin recapture at Urban Outfitters - The company is focused on regaining margin rates first, with top-line sales growth needed to fully return to profitability [91] Question: Fourth-quarter comp store sales and gross margin drivers - The company is optimistic about Q4 comp sales, with gross margin expected to improve by 100 basis points, driven by lower markdowns and higher IMU [93][94] Question: Store growth plans and Nuuly goals for 2025 - Urban Outfitters is evaluating its real estate portfolio to rightsize productivity and profitability, while Nuuly aims for mid-double-digit growth in 2025 [96][98] Question: Free People's discounting activity and sales trends - Free People's markdown rate remains the lowest among the company's brands, with strong reg price performance and quick adjustments to fashion learnings [101][102] Question: FP Movement's sustainable growth rate and margin impact - FP Movement is expected to continue double-digit growth, with the brand contributing significantly to top-line growth and profitability [105] Question: Gross margin opportunities and inventory planning - The company is nearing its goal of a 500 basis point IMU improvement, with inventory planned to align with sales to avoid markdown pressure [108] Question: Anthropologie's non-apparel initiatives - Anthropologie is expanding its accessories and shoe assortments, with Daily Practice showing strong growth potential [114] Question: Urban Outfitters' customer focus and marketing spend - Urban Outfitters is targeting young consumers aged 16-28, with mid-single-digit SG&A growth planned for Q4 [118][119] Question: Nuuly's cash flow and Urban Outfitters' gross margin impact - Nuuly is not yet cash flow positive due to inventory purchases for growth, but cash flow positivity is within sight [122] - Urban Outfitters' gross margin improvement has potential to further benefit the company's overall margin [123]

Urban Outfitters, Inc. URBN reported earnings results for the third quarter on Tuesday.The company said quarterly net sales rose 6.3% to a record $1.36 billion and earnings came in at $1.10 per share.“We are pleased to announce record third quarter sales and earnings, both of which exceeded our expectations. These results were driven by outperformance across all three business segments – Retail, Subscription and Wholesale,” said Richard A. Hayne, Chief Executive Officer. “Additionally, we’re optimistic abou ...

Shares of apparel retailer Urban Outfitters (URBN 16.02%) soared on Wednesday after the company reported financial results for its fiscal third quarter of 2025. As of 11:30 a.m. ET, Urban Outfitters stock was up about 15%.Record results for Urban OutfittersUrban Outfitters had its best third quarter, which ended in October, in its history, with net sales of nearly $1.4 billion and net income of $103 million. That was good for 6% growth on the top line as well as a 24% increase on the bottom line. These numb ...

Group 1 - The article discusses a previous recommendation for Urban Outfitters, Inc. (NASDAQ: URBN) to buy shares in the price range of $37-$39, with a target exit price mentioned [1] - The article highlights the potential for gains in Urban Outfitters, suggesting that investors who missed the initial recommendation can still benefit from the company's performance [1] Group 2 - The article promotes a BLACK FRIDAY deal for Seeking Alpha's premier service, offering a 28% discount for new subscribers [2] - The service includes a money-back guarantee for customer satisfaction, indicating confidence in the value provided [3]