Nuuly news and archive

Urban Outfitters introduces US in-store rental returns with Nuuly

Retail giant Urban Outfitters has introduced a new in-store rental programme alongside Nuuly, allowing customers to return items borrowed from the platform to its stores across the US. Through the service, customers can bring their monthly Nuuly totes to Urban Outfitters’ stores to drop off as part of a rental return system. Those who utilise...

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Urban Outfitters records strong sales and earning growth in Q1

Urban Outfitters has announced the first quarter results reporting strong increase in net income to 108.3 million dollars and earnings per diluted share to 1.16 dollars. The lifestyle products and services company, which operates brands like Anthropologie, Free People, FP Movement, Urban Outfitters, and Nuuly, saw its total net sales climb 10.7...

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Business

Urban Outfitters Q4 earnings surge, driven by Nuuly's growth

Urban Outfitters reported strong fourth-quarter earnings, with net income rising to 98.1 million dollars from the same period of 2024. Earnings per diluted share increased to 1.04 dollars, reflecting a robust performance across multiple segments. Total net sales for the quarter grew by 10.1 percent to 1.64 billion dollars, with retail segment...

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Business

Urban Outfitters Q1 comparable sales up 4.6 percent

Urban Outfitters reported first quarter net income of 61.8 million dollars and earnings per diluted share of 65 cents, while adjusted net income was 65.5 million dollars and adjusted earnings per diluted share were 69 cents. Net sales for the quarter increased 7.8 percent to 1.20 billion dollars with retail segment net sales increase of 5.8...

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Anthropologie, Free People brands drive Q4 growth at Urban Outfitters

Urban Outfitters announced net income of 47.8 million dollars and earnings per diluted share of 50 cents for the fourth quarter. The company said in a release that adjusted net income reached 65.7 million dollars and adjusted earnings per diluted share were 69 cents for the quarter under review. Total net sales for the fourth quarter increased...

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Business

Urban Outfitters sales jump, appoints president of North America

Urban Outfitters net sales for the two months ended December 31, 2023, increased 10 percent, while retail segment net sales increased 8 percent, with comparable retail segment net sales increasing 6 percent. For the eleven months ended December 31, 2023, net sales increased 8 percent, retail segment net sales increased 6 percent and comparable...

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Business

Urban Outfitters delivers robust earnings growth

Urban Outfitters reported third quarter net income of 83 million dollars and earnings per diluted share of 88 cents. For the nine month period, net income was 239.9 million dollars and earnings per diluted share were 2.55 dollars. Total company net sales for the quarter increased 9 percent to 1.28 billion dollars, while for the nine months, net...

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Business

Urban Outfitters reports strong growth in Q2 earnings

Urban Outfitters, Inc. reported net income of 104.1 million dollars and earnings per diluted share of 1.10 dollars for the second quarter. For the six months, net income was 156.9 million dollars and earnings per diluted share were 1.67 dollars. “We are proud to report record second quarter sales that helped drive a 72 percent increase in EPS,”...

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Business

Urban Outfitters Q1 comparable sales increase by 5 percent

Urban Outfitters, Inc. announced net income of 53 million dollars and earnings per diluted share of 56 cents for the first quarter. The company said in a statement that net sales for the period increased 5.9 percent to 1.11 billion dollars. Retail segment net sales increased 4 percent, with comparable retail segment net sales increasing 5...

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Retail

Urban Outfitters launches clothing rental company Nuuly

According to an announcement from the company, Nuuly will offer its subscribers the opportunity to rent from the brands included in URBN’s portfolio as well as with over 100 third-party labels such as AGOLDE, Paige Denim, Alice McCall, LoveShackFancy, and more. Additionally, subscribers will also be able to choose from a collection of...