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Stock impact report

Urban Outfitters Q4 Earnings Call Highlights [Yahoo! Finance]

Urban Outfitters, Inc. (URBN) 
Last urban outfitters, inc. earnings: 3/3 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.urbn.com/investor-relations
Company Research Source: Yahoo! Finance
positive comps across all brands and Nuuly revenue up 49% as active subscribers rose about 118,000 to just under 400,000. Margins resilient despite tariffs: Gross margin improved 31 basis points to 36.8% as lower markdowns and occupancy leverage offset an estimated ~60-basis-point tariff headwind in Q3 (management expects ~75 bps in Q4) while targeting ~100 bps of full-year gross margin improvement. Outlook and capital allocation: The company plans high-single-digit total sales growth in Q4, about $300M in FY2024 capex with roughly 69 store openings and 17 closures, and continued investment in Nuuly logistics and marketing to drive further subscriber and revenue growth. Interested in Urban Outfitters, Inc.? Here are five stocks we like better. Analysts See Big Upside for These 3 Retail Stocks Urban Outfitters (NASDAQ:URBN) reported record third-quarter fiscal 2024 results, with management highlighting broad-based strength across brands and geographies, accelerating subscribe Show less Read more
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