URBN Reports Record Q1 Sales and Income

PHILADELPHIA, May 21, 2025 (GLOBE NEWSWIRE) -- Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands including the Anthropologie, Free People, FP Movement, Urban Outfitters and Nuuly brands, today announced record net income of $108.3 million and earnings per diluted share of $1.16 for the three months ended April 30, 2025.

Total Company net sales for the three months ended April 30, 2025, increased 10.7% to a record $1.33 billion. Total Retail segment net sales increased 6.4%, with comparable Retail segment net sales increasing 4.8%. The increase in Retail segment comparable net sales was driven by mid single-digit positive growth in both retail store sales and digital channel sales. Comparable Retail segment net sales increased 6.9% at Anthropologie, 3.1% at Free People and 2.1% at Urban Outfitters. Subscription segment net sales increased by 59.5% primarily driven by a 52.9% increase in average active subscribers in the current quarter versus the prior year quarter. Wholesale segment net sales increased 24.2% driven by a 25.6% increase in Free People wholesale sales due to an increase in sales to specialty customers and department stores.

“We are excited to announce record first quarter revenues and profits,” said Richard A. Hayne, Chief Executive Officer. “Our success was driven by positive sales growth and improved profitability across all brands and segments. We believe these results demonstrate the strength of our brands and the effectiveness of our strategy, giving us confidence in URBN’s continued success,” finished Mr. Hayne.

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