US’ Urban Outfitters delivers 10.7% sales growth, $1.16 EPS in Q1 FY25
Urban Outfitters, Inc has reported record Q1 FY25 results with net income of $108.3 million and EPS of $1.16. Net sales rose 10.7 per cent YoY to $1.33 billion, driven by strong retail, wholesale, and subscription growth. The gross profit jumped 19.8 per cent, with margin up 278 bps. URBN opened 13 stores, repurchased $152 million in shares, and ended with $189.4 million in cash.
