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.Read More