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Urban Outfitters (URBN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended July 2024, Urban Outfitters (URBN - Free Report) reported revenue of $1.35 billion, up 6.3% over the same period last year. EPS came in at $1.24, compared to $1.10 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $1.34 billion, representing a surprise of +1.03%. The company delivered an EPS surprise of +26.53%, with the consensus EPS estimate being $0.98.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Urban Outfitters performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Number of stores - Retail Operations - Free People

    : 205 compared to the 210 average estimate based on four analysts.
  • Number of stores - Retail Operations - Urban Outfitters

    : 263 versus the four-analyst average estimate of 261.
  • Number of stores - Retail Operations - Anthropologie

    : 239 versus the four-analyst average estimate of 241.
  • Comparable store sales - Retail Operations - YoY change

    : 3.1% compared to the 2.6% average estimate based on four analysts.
  • Comparable store sales - Retail Operations - Urban Outfitters - YoY change

    : -9.3% versus the four-analyst average estimate of -8.5%.
  • Net sales by brand- Urban Outfitters

    : $316.72 million versus $316.16 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -8.6% change.
  • Net sales by brand- Anthropologie

    : $569.10 million versus the five-analyst average estimate of $569.12 million. The reported number represents a year-over-year change of +7.4%.
  • Net sales by brand- Free People

    : $365.13 million compared to the $335.61 million average estimate based on five analysts. The reported number represents a change of +10.2% year over year.
  • Net sales by brand- Nuuly

    : $90.70 million versus the four-analyst average estimate of $82.06 million. The reported number represents a year-over-year change of +62.6%.
  • Net sales by brand- Menus & Venues

    : $10.32 million versus $9.95 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +18.8% change.
  • Net sales- Retail operations

    : $1.20 billion versus the three-analyst average estimate of $1.20 billion. The reported number represents a year-over-year change of +3.1%.
  • Net sales- Wholesale operations

    : $64.81 million versus $58.37 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +6.7% change.
View all Key Company Metrics for Urban Outfitters here>>>

Shares of Urban Outfitters have returned -13.6% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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