Shares of apparel retailer Urban Outfitters (URBN 15.89%) soared on Wednesday after the company reported financial results for its fiscal third quarter of 2025. As of 11:30 a.m.
Urban Outfitters, Inc. stock is a buy, with a target price of $50, driven by strong Q3 sales and improved margins. Q3 revenue hit a record $1.36 billion, with comparable sales up 1.5%, and notable growth in Anthropologie, Free People, and Nuuly segments. Gross margin expanded by 105 basis points, leading to a record net income of $102.9 million, or $1.10 per share, beating estimates by $0.25.
Urban Outfitters reported strong Q3 results, as total retail sales were resilient amid a turbulent consumer confidence. The Nuuly platform's growth remained great. The Q3 performance showed great pricing management, leading to margin expansion. I still believe that higher, sustained margin levels require stabilizing Urban Outfitters brand traffic. The URBN stock remains roughly fairly valued in a base financial scenario.
Urban Outfitters' stock soared 14% Wednesday to put it on track for its biggest one-day gain in more than a year, as analysts weighed in on better-than-expected third-quarter earnings and management's upbeat tone on the call.
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.
URBN's Q3 results show year-over-year growth in both earnings and revenues, driven by the company's strategic efforts to enhance customer engagement.
Urban Outfitters (URBN) shares jumped Wednesday morning after the company reported third-quarter results better than analysts had expected, thanks to rising sales across its non-Urban Outfitters brands.
Urban Outfitters soared in premarket trade after a healthy Q3 earnings beat and an upgrade from Citi. Urban brand margins set to improve.
Urban Outfitters, Inc. (NASDAQ:URBN) shares jumped 14% pre-market on Wednesday after the fashion retailer said it had made record sales and profits in the past quarter. Net sales for the three months to end-October grew 6.3% to $1.36 billion, beating Wall Street expectations of $1.34 billion.
The headline numbers for Urban Outfitters (URBN) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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.
Shares of Urban Outfitters Inc. jumped after hours on Tuesday after the clothing retailer reported third-quarter results that topped expectations and said it was “optimistic” about holiday-season demand.