Urban Outfitters FY27 Q2 net income rises 67.3% to $240.7 million; net sales increase 10.4% to $1.66 billion
URBN•Quarterly results
Urban Outfitters posted Q2 net income of $240.7 million, lifting net sales 10.4% to $1.66 billion.
Operating income climbed to $288.7 million from higher gross profit, helped by a $95.7 million one-time IEEPA tariff refund.
Segment performance and balance sheet
- Retail segment net sales rose 8% on 6.2% comparable growth, led by FP Group up 10% and Urban Outfitters up 8.4%.
- Subscription segment net sales increased 28.6% on 30.4% growth in average active subscribers.
- Wholesale net sales gained 18.6%.
- Inventory rose 11.8% year over year to $778.5 million.
- Cash, cash equivalents and marketable securities totaled $945.5 million.
