Urban Outfitters, Inc.

NASDAQ:URBN   3:59:57 PM EDT
20.99
-0.04 (-0.19%)
Earnings Announcements

Urbn Reports Q1 Results

Published: 05/24/2022 21:02 GMT
Urban Outfitters, Inc. (URBN) - Urbn Reports Q1 Results.
Q1 Earnings per Share $0.33.
Qtrly Total Retail Segment Net Sales Increased 12%, With Comparable Retail Segment Net Sales Increasing 11%.
Qtrly Total Company Net Sales Increased 13.4% Over Same Period Last Year to $1.05 Billion.
As of April 30, 2022, Total Inventory Increased by $152.2 Million, Or 31.9%, Compared to Total Inventory As of April 30, 2021.
Impact of Inflation on Our Costs of Doing Business More Than Offset Benefit of Record Revenues in Quarter.
Urban Outfitters - Inventory Costs Have Increased Due to Higher Product Costs Driven by Higher Inbound Transportation Expenses, Raw Materials Costs.
Due to Ongoing Global Supply Chain Constraints, We Are Extending Our Lead Times and Holding More Inventory.
Q1 Earnings per Share View $0.42, Revenue View $1.07 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $1.19 Billion
Adjusted EPS is expected to be $0.73

Next Quarter Revenue Guidance is expected to be $1.17 Billion
Next Quarter EPS Guidance is expected to be $0.72

More details on our Analysts Page.