Urban Outfitters, Inc. Earnings Recaps
Q2 2027
Aug 28, 2026
Urban Outfitters' shares rose 4.0% following an earnings report that delivered record sales, operating income, and EPS growth, driven by broad-based strength across retail, wholesale, and subscription segments, alongside margin improvement.
Key takeaways
- Net sales increased 10% to $1.7 billion, marking an eighth consecutive quarter of record sales and profits.
- Operating income rose 11% to a record $193 million; adjusted EPS grew 9% to $1.72.
- Retail segment comps were positive across all brands, with Nuuly subscription revenue up 29%, fueled by a 113,000 increase in average active subscribers.
- Gross profit rate improved slightly (+4 bps) to 37.7% despite cost headwinds including tariffs, fuel surcharges, and higher markdowns at Anthropologie.
- SG&A increased 10%, in line with sales growth, reflecting investments in marketing, store payroll, and AI technology, supporting traffic growth and operational improvements.
Q4 2026
Mar 2, 2026
Urban Outfitters delivered a record-breaking fourth quarter with total revenue up 10% to $1.8 billion, driving adjusted earnings per share growth of 38%, marking a strong end to Fiscal Year 2026.
Key takeaways
- All brands achieved positive comparable sales, with notable contributions from FP Movement and Urban Outfitters, as well as robust performance from Nuuly, which grew revenue by 43%.
- Gross profit increased 14%, reaching nearly $600 million, and gross profit margin improved to 33.3%, driven by reduced markdowns and higher sales leverage.
- Operating income rose 27% to $159 million, while net income grew 33% to $131 million, demonstrating strong operational efficiency despite increased tariffs.