Urban Outfitters Q3: Strong Results & Growth

Urban Outfitters Q3 results exceed expectations with $1.53 billion revenue, driven by broad sales growth across brands and regions, increased traffic, and strong Nuuly rental business. Positive comparable sales across all brands and geographic areas highlight the strength of their diverse business model. Adjusted earnings per share beat estimates by over 8%, and Nuuly subscriber base grew by over 40%. Analysts focus on new store openings, Nuulys growth, and managing gross margins in a competitive environment.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.