URBN, the parent company of fashion brands like Urban Outfitters, Anthropologie, and Free People, has become a member of the US Cotton Trust Protocol. The latest brand and retailer to join the program, the move sees URBN strengthen its commitment to responsible sourcing and cotton production. URBN’s membership with the US Cotton Trust Protocol...
Apr 10, 2025
Apparel manufacturer HanesBrands has partnered with lifestyle and youth retailer Urban Outfitters to launch an exclusive capsule collection that leverages Hanes almost 125-year legacy. The Hanes Heritage x Urban Outfitters capsule collection includes 29 pieces of innerwear and loungewear for men and women that mix iconic styles from Hanes over...
Feb 27, 2025
Urban Outfitters reported strong fourth-quarter earnings, with net income rising to 98.1 million dollars from the same period of 2024. Earnings per diluted share increased to 1.04 dollars, reflecting a robust performance across multiple segments. Total net sales for the quarter grew by 10.1 percent to 1.64 billion dollars, with retail segment...
Urban Outfitters net sales for the two and eleven months increased by 10 percent and 7 percent, respectively. After the company reported positive set of results, Jefferies analyst Corey Tarlowe increased the company's share price target, from 36 dollars to 40 dollars while maintaining an Underperform rating on the stock. According to a...
Jan 14, 2025
A new report has accused a number of UK retailers of hiring young “freelance” employees via hiring apps that leave them without basic employment rights. According to The Observer, Urban Outfitters, Gymshark and Uniqlo are understood to be among those carrying out such practices as they fill out staff in preparation for the festive season. Such...
Dec 17, 2024
Urban Outfitters announced third quarter net income of 102.9 million dollars and earnings per diluted share of 1.10 dollars. For the nine months, net income was 282.2 million dollars and earnings per diluted share were 2.99 dollars. The company’s net sales for the quarter increased 6.3 percent to 1.36 billion dollars. “We are pleased to announce...
Nov 27, 2024
It’s that time of the year, again. Brands and retailers across the globe have begun unveiling their always highly anticipated festive campaigns. This season, trends seem to revolve around flipping the script on the stress usually associated with the season; incorporating well-known (animated) figures into the storyline; and proposing new...
Nov 22, 2024
Urban Outfitters Inc.'s latest quarterly financial results have sparked a negative reaction from investors, leading to a significant drop in its share price. The group, owner of popular brands Anthropologie and Free People, reported its Q2 performance last week that fell short of market expectations. Urban Outfitters Inc.'s share price fell...
Aug 27, 2024
Urban Outfitters' net income increased to 117.5 million dollars and earnings per diluted share to 1.24 dollars for the second quarter. Net sales for the quarter increased 6.3 percent to 1.35 billion dollars with retail segment net sales increase of 3.1 percent and comparable retail segment net sales increasing 2 percent. The company’s net income...
Aug 22, 2024
Urban Outfitters reported first quarter net income of 61.8 million dollars and earnings per diluted share of 65 cents, while adjusted net income was 65.5 million dollars and adjusted earnings per diluted share were 69 cents. Net sales for the quarter increased 7.8 percent to 1.20 billion dollars with retail segment net sales increase of 5.8...
May 22, 2024
Urban Outfitters announced net income of 47.8 million dollars and earnings per diluted share of 50 cents for the fourth quarter. The company said in a release that adjusted net income reached 65.7 million dollars and adjusted earnings per diluted share were 69 cents for the quarter under review. Total net sales for the fourth quarter increased...
Feb 29, 2024
Urban Outfitters, Inc. (URBN), parent company of Urban Outfitters, Anthropologie, and Free People, opened a sprawling 600,000-square-foot fulfillment center for Nuuly, the company's women's clothing rental brand, in Raymore, Missouri. The opening marks the second fulfillment and laundry center opened to serve Nuuly, with URBN investing 60...
Feb 22, 2024