Urban Outfitters Reports Record First-Quarter Sales and Earnings

Urban Outfitters reported record quarterly sales and earnings per share for the first quarter of fiscal 2027. 30. The company said this marks the seventh consecutive quarter of record sales and profits. All retail segment brands delivered positive comparable sales, with Free People and FP Movement showing standout performance.

5 billion.

The retail segment posted a 6 percent comparable-sales increase, with digital sales slightly exceeding store sales. Nuuly revenue grew 35 percent, driven by an increase of more than 110,000 average active subscribers. The wholesale segment reported a 25 percent revenue increase.

6 percent. Selling, general and administrative expenses increased 12 percent, partly offset by a $7 million benefit from a legal matter resolution. Operating income grew 9 percent to a first-quarter record of $140 million. 6 million shares for approximately $300 million during the quarter.

Outfitters guided for high single-digit sales growth in the second quarter and full year, with positive comparable sales expected across all brands. Tariff and fuel costs are expected to affect expenses, though potential tariff refunds could provide future benefits.

The company said it is investing in AI technology to improve customer engagement and optimize operations. Marketing and technology initiatives are part of these strategic efforts.