Urban Outfitters(URBN)

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Urban Outfitters' Q3 Shows Great Margin Management, Resilient Sales
Seeking Alpha· 2024-11-27 17:15
Urban Outfitters, Inc. (NASDAQ: URBN ), the apparel retailer and wholesaler, reported its fiscal Q3 results on the 26 th of November in post-market hours. With especially profitability exceeding Wall Street expectations through improving pricing power, the stock caughtI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced ...
Urban Outfitters Stock Surges on Earnings, Revenue Beat
Schaeffers Investment Research· 2024-11-27 15:14
Shares of Urban Outfitters, Inc. (NASDAQ:URBN) are 13.2% higher at $45.85, after the retailer posted better-than-expected results for the third quarter. While its namesake brand struggled, its Anthropologie and Free People brands were the main catalysts for a robust 6.3% increase in net sales, as well as earnings of $1.10 per share on income of $102.91 billion.As a result, Urban Outfitters stock is on track for its best single-day percentage gain since May 2023. The $46 level is keeping a lid on today's gai ...
Urban Outfitters' Q3 Earnings Beat Estimates, Wholesale Sales Rise Y/Y
ZACKS· 2024-11-27 14:31
Urban Outfitters, Inc. (URBN) reported impressive results for third-quarter fiscal 2025, wherein both top and bottom lines surpassed the Zacks Consensus Estimate. Also, both metrics improved from the prior-year quarter’s reported figure. As a result, shares of URBN rose 7.8% during the after-market trading session yesterday.The third-quarter results highlighted record sales and profits, driven by strong performance across most brands. Key strategic initiatives included increased marketing efforts that boost ...
Urban Outfitters Stock Jumps as 'Remarkably Resilient' Consumer Drives Sales
Investopedia· 2024-11-27 13:35
Core Insights - Urban Outfitters reported a record revenue of $1.36 billion for the third quarter, surpassing both last year's $1.28 billion and analysts' expectations of $1.34 billion [2] - The company achieved a net income of $102.9 million, an increase from $83 million a year ago and above the projected $78.9 million [3] - Comparable store sales rose 1.5% year-over-year, driven by significant growth at Anthropologie (5.8%) and Free People (5.3%), while Urban Outfitters brand sales fell by 8.9% [4] Sales Performance - Urban Outfitters' sales are declining, particularly in its namesake stores, while Free People and Anthropologie are experiencing rising sales [1][4] - The overall sales trends indicate a "remarkably resilient" consumer, with positive sales continuing into the fourth quarter [5] Future Outlook - The company is optimistic about demand ahead of the holiday shopping season, despite external challenges [5] - Urban Outfitters is evaluating its store leases, with potential closures and relocations expected in the coming years [6] Stock Performance - Urban Outfitters shares surged 14% in premarket trading, reaching $45.84, and have increased over 25% since the beginning of the year [7]
Urban Outfitters generates record earnings as retail and clothing rental sales rise
Proactiveinvestors NA· 2024-11-27 12:58
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
Urban Outfitters (URBN) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-11-27 00:01
Urban Outfitters (URBN) reported $1.36 billion in revenue for the quarter ended October 2024, representing a year-over-year increase of 6.3%. EPS of $1.10 for the same period compares to $0.88 a year ago.The reported revenue represents a surprise of +2.08% over the Zacks Consensus Estimate of $1.33 billion. With the consensus EPS estimate being $0.85, the EPS surprise was +29.41%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...
Urban Outfitters (URBN) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-11-26 23:26
Urban Outfitters (URBN) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 29.41%. A quarter ago, it was expected that this clothing and accessories retailer would post earnings of $0.98 per share when it actually produced earnings of $1.24, delivering a surprise of 26.53%.Over the last ...
URBN Reports Record Q3 Sales and Earnings
GlobeNewswire News Room· 2024-11-26 21:05
PHILADELPHIA, Nov. 26, 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 record third quarter net income of $102.9 million and earnings per diluted share of $1.10 for the three months ended October 31, 2024. For the nine months ended October 31, 2024, net income was $282.2 million and earn ...
Urban Outfitters (URBN) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2024-11-26 18:01
Urban Outfitters (URBN) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a ...
Insights Into Urban Outfitters (URBN) Q3: Wall Street Projections for Key Metrics
ZACKS· 2024-11-21 15:20
Wall Street analysts expect Urban Outfitters (URBN) to post quarterly earnings of $0.84 per share in its upcoming report, which indicates a year-over-year decline of 4.6%. Revenues are expected to be $1.33 billion, up 4.1% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 1.6% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior to a company's ...