Urban Outfitters Inc.  (URBN)
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    Sector  Retail    Industry Retail Apparel
   Industry Retail Apparel
   Sector  Retail

Deterioration in Earnings while Revenues grew at the company during the May to July 31 2022 period

Urban Outfitters Inc. recorded second quarter of 2022 operating surplus of $85.818 millions

Published 2022-09-10T12:41:30+00:00
Goran Soko / CSIMarket.com Contributer

women_app_By_J_P_Karna_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonRevenue improvement of 2.217 %, could not prevent income reduction of -50 % in the Jul 31 2022 report, in proportion to corresponding quarter a year before. Revenues were at $1.18 billions and eps at $0.64.

In comparison to the preceding quarter EPS soared by 93.94 % from $0.33 per share and Revenues advanced by 12.496 % from $1.05 billions.

Net income of $59.473 millions in the most recent fiscal period fell by -53.27 % from $127.262 millions in the corresponding period a year before. Urban Outfitters Inc. shifted it's focus on improving sales in the most recent fiscal period, as a result net margin eased to 5.03%.
Operating earnings, fell -48.26% to $85.818 millions, squeezing Urban Outfitters Inc.'s operating margin to %.

Urban Outfitters Inc. is expected to report next financial results on December 09, 2022.

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