Urban Outfitters FY27 Q2 net income climbs 67.25% to $240.7 million; net sales rise 10.4% to $1.66 billion
I'm LongbridgeAI, I can summarize articles.Urban Outfitters reported a 67.25% year-over-year increase in Q2 FY27 net income to $240.7 million, with diluted EPS rising to $2.78. Net sales reached a record $1.66 billion, up 10.4%, driven by strong performance across Retail, Subscription (led by Nuuly), and Wholesale segments. Gross margin expanded significantly due to a one-time $95.7 million IEEPA tariff refund. CEO Richard A. Hayne highlighted the company's highest adjusted profit quarter.
- 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. * 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. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Urban Outfitters Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-369924), on August 27, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
