Urban Outfitters shares have gained about 3.6% since its last earnings report, outperforming the S&P 500. The company reported first-quarter fiscal 2027 earnings per share of $1.30, beating the Zacks Consensus Estimate of $1.20, while net sales rose 11.4% to $1,481.3 million, also above estimates. Total Retail segment net sales increased 8% to $1.22 billion with comparable sales up 5.6%, driven by high-single-digit digital channel gains and mid-single-digit store growth. Nuuly subscription revenue surged 34.5% to $167.3 million, and Wholesale segment sales grew 24.8% to $93.2 million. Management guided for high-single-digit total company sales growth in the second quarter and fiscal 2027, with Nuuly expected to deliver mid to high-20% revenue growth and the Wholesale segment projected for mid-teens growth. Gross margin dipped 16 basis points to 36.6% due to a prior-year one-time gain, but underlying margin expanded 20 basis points. The company repurchased 4.6 million shares for approximately $300 million and plans to open 54 stores in fiscal 2027, primarily expanding FP Movement, Free People, and Anthropologie locations.
Urban Outfitters IncQ1 earnings beat estimates with EPS $1.30 vs $1.20 consensus, sales up 11.4%, and strong guidance.
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