Urban Outfitters Reports Record Q2 Sales of $1.66 Billion, Up 10.4% YoY

Urban Outfitters, Inc. (NASDAQ: URBN) announced record net sales and profits for the second quarter ended July 31, 2026, marking its eighth consecutive quarter of record results. Total net sales increased 10.4% year-over-year to $1.66 billion, driven by growth across all brands and segments. The company reported an adjusted net income of $149.3 million, resulting in adjusted earnings per diluted share of $1.72, the highest in company history.

Key Details

• Q2 Financial Highlights: Total Net Sales reached a record $1.66 billion (+10.4% YoY), with an adjusted net income of $149.3 million, or $1.72 per diluted share.
• Segment Performance: Comparable Retail segment net sales increased by 6.2%, led by FP Group (+10.0%) and Urban Outfitters (+8.4%). The Subscription segment (Nuuly) grew sales by 28.6%, and the Wholesale segment increased by 18.6%.
• Share Repurchases: During the six months ended July 31, 2026, the company repurchased 4.6 million common shares for approximately $300 million. 10.0 million shares remain authorized for repurchase under the current program.