Urban Outfitters, Inc has reported net income of $102.9 million in Q3 2024, up 19.3 per cent YoY, with record net sales of $1.36 billion, up 6.3 per cent YoY.
Gross profit rose to $497 million, and SG&A expenses increased to $368 million.
Key growth drivers included strong Nuuly subscription sales (+48.4 per cent) and Free People wholesale sales (+20.3 per cent).
Diluted EPS rose to $1.10.