STOCK TITAN

Urban Outfitters Inc - $URBN STOCK NEWS

Welcome to our dedicated page for Urban Outfitters news (Ticker: $URBN), a resource for investors and traders seeking the latest updates and insights on Urban Outfitters stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Urban Outfitters's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Urban Outfitters's position in the market.

Rhea-AI Summary
Urban Outfitters, Inc. (URBN) reports strong financial performance with record net income and sales growth for the three months and year ended January 31, 2024. The company's brands, including Anthropologie, Free People, and Nuuly, drove the positive results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.78%
Tags
-
Rhea-AI Summary
Urban Outfitters, Inc. (NASDAQ: URBN) announced net sales for the two and eleven months ended December 31, 2023. Total Company net sales for the two months ended December 31, 2023, increased 10% compared to the two months ended December 31, 2022. Total Retail segment net sales increased 8%, with comparable Retail segment net sales increasing 6%. For the eleven months ended December 31, 2023, total Company net sales increased 8% compared to the eleven months ended December 31, 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.74%
Tags
none
-
Rhea-AI Summary
Urban Outfitters, Inc. (URBN) reported a net income of $83.0 million and earnings per diluted share of $0.88 for the three months ended October 31, 2023. Total Company net sales increased 9.0% to a record $1.28 billion for the same period. The company's total Retail segment net sales increased 7.3%, with comparable Retail segment net sales increasing 5.6%. However, the company saw a decrease of 14.2% in comparable Retail segment net sales at Urban Outfitters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.37%
Tags
none
News
Rhea-AI Summary
Urban Outfitters announces Q2 net income of $104.1 million and earnings per diluted share of $1.10. Total Company net sales increased 7.5% to $1.27 billion. Retail segment net sales increased 5.9%, with comparable net sales increasing 4.9%. Wholesale segment net sales decreased 5.2%. Nuuly segment net sales increased by $27.0 million. Gross profit rate increased by 416 basis points. Total inventory decreased by $111.0 million, or 15.9%. Selling, general and administrative expenses increased by $34.7 million, or 12.0%. Effective tax rate decreased to 23.2% for Q2. 16 new retail locations opened. Conference call to discuss Q2 results will be held today.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.05%
Tags
none
-
News
Rhea-AI Summary
Urban Outfitters, Inc. reports record first quarter earnings with net income of $53 million and earnings per diluted share of $0.56. Total net sales increased 5.9% to $1.11 billion. Retail segment net sales increased 4%, driven by growth in digital channel sales and retail store sales. Wholesale segment net sales decreased 11%. Nuuly segment net sales increased by $28.6 million. Gross profit rate increased by 260 basis points. Total inventory decreased by $39.6 million. Selling, general and administrative expenses increased by $22.8 million. Effective tax rate decreased to 27.1%. The Company's Board of Directors authorized the repurchase of 20 million common shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.59%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.22%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.45%
Tags
none
-
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.22%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.43%
Tags
none
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.64%
Tags
none
Urban Outfitters Inc

Nasdaq:URBN

URBN Rankings

URBN Stock Data

3.82B
66.86M
32.54%
73.14%
4.2%
Family Clothing Stores
Retail Trade
Link
United States of America
PHILADELPHIA

About URBN

urbn is a portfolio of global consumer brands comprised of urban outfitters, anthropologie, free people, bhldn, terrain and the vetri family. we create unique retail experiences with an eye toward creativity and a singular focus on pleasing our customer. we're a passionate, creative, entrepreneurial bunch who think outside the box and are all about providing a unique shopping experience that's inspirational. the first store & mission the year was 1970. dick hayne was just 23 years old when he and college roommate scott belair came up with the idea to open a retail store. belair was in search of a topic for an entrepreneurial class he was taking at the time. the first store, originally called free people, was located in a small space across the street from the university of pennsylvania. its mission was to provide second-hand clothing, furniture, jewelry and home décor for customers in a casual fun environment. our stores since the first store opened in west philly we continually strive