Urban Outfitters FY27 Q2 net income climbs 67.25% to $240.7 million; net sales rise 10.4% to $1.66 billion - URBN News | RalliesUrban Outfitters FY27 Q2 net income climbs 67.25% to $240.7 million; net sales rise 10.4% to $1.66 billion
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URBN• Quarterly results
- Urban Outfitters posted Q2 net income of USD 240.7 million, up from USD 143.9 million a year earlier; diluted EPS rose to USD 2.78.
- Net sales climbed 10.4% to a record USD 1.66 billion, driven by 6.2% comparable Retail segment net sales growth.
- Gross margin widened 5.8 percentage points to 43.4%, reflecting a one-time USD 95.7 million IEEPA tariff refund benefit in cost of sales.
Segment performance and management commentary
- Nuuly helped lift Subscription segment net sales 28.6% on 30.4% higher average active subscribers; Wholesale segment net sales increased 18.6%.
- CEO Richard A. Hayne said the company delivered its highest adjusted profit quarter, citing positive retail comps across all brands.
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