Quarterly ResultMay 20, 2026, 04:07 PM
Urban Outfitters Reports Record Q1 Net Income $115.7M, EPS $1.30; Sales $1.48B
AI Summary
Urban Outfitters, Inc. announced record net income of $115.7 million and earnings per diluted share of $1.30 for the three months ended April 30, 2026. Total Company net sales also reached a record $1.48 billion, an increase of 11.4% year-over-year, driven by positive comparable retail segment sales across all brands and double-digit growth in both Wholesale and Subscription segments. The company repurchased 4.6 million common shares for approximately $300 million during the quarter.
Key Highlights
- Record Net Income of $115.7 million for Q1 2026, up from $108.3 million YoY.
- Record Diluted EPS of $1.30 for Q1 2026, up from $1.16 YoY.
- Record Total Company net sales increased 11.4% to $1.48 billion.
- Retail segment comparable net sales increased 5.6%, with FP Group +9.8%, Urban Outfitters +9.3%, and Anthropologie +1.9%.
- Subscription segment net sales increased 34.5%, driven by a 33.3% increase in active subscribers.
- Wholesale segment net sales increased 24.8%, primarily due to a 26.2% increase in FP Group wholesale sales.
- Gross profit dollars increased 10.9% to $542.6 million.
- Company repurchased 4.6 million shares for approximately $300 million in Q1 2026.
Price Impact
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