Urban Outfitters Q1 sales beat on retail growth

Urban Outfitters

20/05/2026 21:18

Overview

Lifestyle retailer's Q1 sales rose 11%, beating analyst expectations

Q1 net income and EPS reached record levels, driven by sales growth

Company repurchased 4.6 mln shares for $300 mln in Q1

Outlook

Company did not provide specific financial guidance for the current quarter or full year

Result Drivers

RETAIL SALES GROWTH - Higher comparable sales at all major brands, led by digital and store sales growth, drove Q1 results

SUBSCRIPTION SEGMENT EXPANSION - Nuuly subscription sales rose on a 33% increase in average active subscribers

WHOLESALE GROWTH - FP Group wholesale sales rose due to increased sales to specialty customers

Company press release: ID:nGNX3Zs99M

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$1.48 bln
$1.45 bln (11 Analysts)
Q1 EPS
$1.30
Q1 Net Income
$115.71 mln
Q1 Gross Profit
$542.57 mln
Q1 Operating Income
$139.68 mln
Q1 Pretax Profit
$145.87 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the apparel & accessories retailers peer group is "buy"

Wall Street's median 12-month price target for Urban Outfitters Inc is $80.00, about 16.2% above its May 19 closing price of $68.88

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)