Urban Outfitters, Inc.

NASDAQ:URBN   3:59:54 PM EDT
38.07
-0.47 (-1.22%)
Earnings Announcements

URBN Reports Record Q1 Sales And EPS

Published: 05/25/2021 22:49 GMT
Urban Outfitters, Inc. (URBN) - Urbn Reports Record Q1 Sales and Eps.
Q1 Earnings per Share $0.54.
Q1 Sales $927 Million Versus Refinitiv Ibes Estimate of $900.1 Million.
Q1 Earnings per Share Estimate $0.17 -- Refinitiv Ibes Data (analyst estimates).comparable Retail Segment Net Sales Increased 10% for Three Months Ended April 30, 2021.
Urban Outfitters - As of April 30, 2021, Total Inventory Increased by $69.4 Million, Or 17.0%, Compared to Total Inventory As of April 30, 2019.
Urban Outfitters - Qtrly Comparable Retail Segment Net Sales Increased 44% at Free People Group, 9% at Urban Outfitters and 1% at Anthropologie Group.
Urban Outfitters - During the Quarter, Co Cancelled Or Delayed Many Orders to Reduce Inventory Levels.
Urban Outfitters-net Sales for Quarter, Were Impacted by Covid-19 Including Mandated Store Closures for All of Co's Stores,majority of Wholesale Partners.
Urban Outfitters - in May, Sales Trends Have Accelerated Further Which Co Believe Bodes Well for Second Quarter Results.
Revenue is expected to be $1.06 Billion
Adjusted EPS is expected to be $0.73

Next Quarter Revenue Guidance is expected to be $1.1 Billion
Next Quarter EPS Guidance is expected to be $0.70

More details on our Analysts Page.