Urban Outfitters posted strong Q3 results, with earnings of $1.10 per share and revenue growth of 6%, driving a 14% stock price increase. Anthropologie and Free People segments showed robust growth, while the Urban Outfitters brand remains a weak spot, though markdown reductions are a positive sign. Nuuly, URBN's subscription service, is scaling rapidly with 48% revenue growth, contributing to more predictable cash flows and improving margins.
Urban Outfitters, Inc. (NASDAQ:URBN ) Q3 2025 Earnings Conference Call November 26, 2024 5:15 PM ET Company Participants Oona McCullough - Executive Director, Investor Relations Richard Hayne - Chief Executive Officer and Chairman Frank Conforti - Co-President and Chief Operating Officer Dave Hayne - Chief Technology Officer and President, Nuuly Sheila Harrington - Global Chief Executive Officer, Urban Outfitters and Free People Groups Melanie Marein-Efron - Chief Financial Officer Shea Jensen - President, Urban Outfitters, North America Tricia Smith - Global Chief Executive Officer, Anthropologie Group Conference Call Participants Lorraine Hutchinson - Bank of America Adrienne Yih - Barclays Matthew Boss - JPMorgan Paul Lejuez - Citi Alex Straton - Morgan Stanley Mark Altschwager - Baird Dana Telsey - Telsey Advisory Group Marni Shapiro - The Retail Tracker Janet Kloppenburg - JJK Research Associates Ike Boruchow - Wells Fargo Operator Good day and welcome to the Urban Outfitters, Inc. Third Quarter Fiscal 2025 Earnings Call. At this time, all participants are in a listen-only mode.
Urban Outfitters, Inc. URBN reported earnings results for the third quarter on Tuesday.
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.