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27 Best and Worst Fashion Stocks of 2019This summary was created by AI, based on 1 opinions in the last 12 months.
Urban Outfitters' main brand is no longer their top seller, but Anthopologie is leading in sales and same-store sales growth. Nuuly, their new subscription business, is growing rapidly despite not yet being profitable. Overall company adjusted net sales rose 7% year over year and inventories are tight, eliminating the need for markdowns. After a weak signal for February sales, a strong quarter in May boosted stock performance.
*Short* They also have 2 other brands, which are 60% of their sales, and those are really struggling. There has been very poor mall traffic. Virtually every department store has been warning. You also have all the cyclicals in vagaries of getting fashion right, which is very hard. (Analysts’ price target is $32.88.)
Urban Outfitters is a American stock, trading under the symbol URBN-Q on the NASDAQ (URBN). It is usually referred to as NASDAQ:URBN or URBN-Q
In the last year, 1 stock analyst published opinions about URBN-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Urban Outfitters.
Urban Outfitters was recommended as a Top Pick by on . Read the latest stock experts ratings for Urban Outfitters.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Urban Outfitters In the last year. It is a trending stock that is worth watching.
On 2024-12-13, Urban Outfitters (URBN-Q) stock closed at a price of $52.44.
Actually, their main brand, Urban Outfitters, is no longer their top seller (and is losing sales), but Anthopologie is, 43% of 2023's sales, and boasts 12% same-store sales growth. Nuuly, their new subscription sales business, accounts for 5%, but he doesn't mind it isn't making money yet because it's growing fast. Overall company adjusted net sales rose 7% YOY. Also, inventories are tight, so they don't need to markdown goods. Over the winter, the company gave mixed signals for February sales and this weakened the stock. Shares fell until May 21, when they delivered a terrific quarter with an earnings beat and boasted stronger growth.