Urban Outfitters Inc

Latest Results (15.05.2026):

Urban Outfitters, Inc. — fourth quarter of fiscal 2026 (three months ended January 31, 2026): the company reported record net sales and strong profitability with GAAP net income of $96.3 million (diluted EPS $1.05) and adjusted net income of $130.5 million (adjusted diluted EPS $1.43) for the quarter; full-year net sales reached a record $6.17 billion with GAAP net income $464.9 million (diluted EPS $5.06) and adjusted net income $499.2 million (adjusted diluted EPS $5.44).

Sales & Revenue

Total Company net sales for the quarter rose 10.1% to $1.802 billion (record); full-year net sales increased 11.1% to $6.165 billion (record).

Profitability & EPS

Q4 GAAP net income was $96.3M (diluted EPS $1.05); Q4 adjusted net income was $130.5M (adj. diluted EPS $1.43). FY 2026 GAAP net income was $464.9M (diluted EPS $5.06); FY adjusted net income was $499.2M (adj. diluted EPS $5.44).

Segment performance

Retail segment net sales up 7.7% (comparable Retail +5.5%); brand comps Q4: Urban Outfitters +9.6%, Free People +5.2%, Anthropologie +3.7%. Subscription (Nuuly) net sales +42.6% with average active subscribers +40.3%. Wholesale net sales +9.1%, led by Free People wholesale +10.2%.

Margins & expenses

Gross profit dollars for the quarter rose 13.6% to $599.2M and gross margin improved 101 bps to 33.3%. SG&A increased 9.5% to $440.5M but slightly leveraged as a percent of sales (24.5% vs 24.6%). Management cited improved markdowns and delivery-cost leverage as drivers of margin expansion.

One-time items & tax

Q4 and FY adjusted results exclude a $46.0M charitable contribution to a donor‑advised fund; prior-year results excluded a release of income tax reserves. GAAP effective tax rate rose to 21.9% in Q4 (vs 8.1% prior year) largely due to the non‑recurrence of last year’s tax reserve release; adjusted effective tax rate for Q4 was 22.9%.

Inventory, cash & capital allocation

Total inventory increased 12.8% year-over-year to $700.9M (comparable Retail inventory +5.3%). Cash and cash equivalents were $369.2M at January 31, 2026. During FY 2026 the company repurchased and retired 3.3M shares for ~$154M; 14.6M shares remain authorized under the repurchase program.

Stores & commentary

Total company‑owned stores were 784 at year end (793 including franchisees). Management highlighted record sales and operating profits across Retail, Subscription and Wholesale and continued momentum in the Nuuly rental business. A conference call and webcast were held to discuss the fourth‑quarter results.