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Urban Outfitters Inc. (URBN) reported a 6.4% year-over-year increase in total net sales for its retail segment in Q1 fiscal 2026, alongside a 4.8% rise in comparable net sales. The growth stemmed from gains in both digital and retail store sales, with Anthropologie leading the segment at a 6.9% increase in retail comps, marking its 10th consecutive quarter of growth.
Free People achieved a 3.1% increase in retail comps, and Urban Outfitters returned to positive global retail comps for the first time in several quarters at 2.1%. Notably, Urban Outfitters saw a 14% increase in Europe, although North America experienced a 4% decline. URBN expects mid-single-digit retail comps growth for Q2 and plans to open 64 new stores.
As of the latest trading session, URBN’s stock closed at $72.14, which is 4.8% below its 52-week high of $75.80. The company anticipates fiscal-year growth of 8.5% in sales and 22.2% in earnings per share.
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