Urban Outfitters Q2 sales rise 10.4%, beat estimates on subscription, retail growth

Urban Outfitters

26/08/2026 21:13

Overview
US lifestyle retailer's Q2 sales rose 10.4% yr/yr, beating analyst expectations
Adjusted EPS for Q2 was $1.72; company posted record adjusted profit
Company repurchased $300 mln in shares during the first half of 2026

Outlook
Company did not provide specific guidance for future quarters or the full year

Result Drivers
RETAIL SEGMENT GROWTH - Comparable net sales increased across all brands, driven by high single-digit digital sales growth and mid single-digit retail store sales growth
SUBSCRIPTION SEGMENT EXPANSION - Subscription segment net sales rose 28.6%, mainly due to a 30.4% increase in average active subscribers
WHOLESALE SEGMENT SALES - Wholesale segment net sales increased 18.6%, led by FP Group sales to specialty customers and department stores

Company press release: ID:nGNX7TWX7

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$1.66 bln
$1.63 bln (10 Analysts)
Q2 Adjusted EPS
 
$1.72
 
Q2 EPS
 
$2.78
 
Q2 Net Income
 
$240.65 mln
 
Q2 Gross Profit
 
$721.55 mln
 
Q2 Operating Income
 
$288.74 mln
 
Q2 Pretax Profit
 
$298.54 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 7 "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 $84.50, about 11.5% above its August 25 closing price of $75.78
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

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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.)