Earnings call transcript: Urban Outfitters posts record Q2 2026 sales, shares retreat

Urban Outfitters reported record second-quarter fiscal 2027 sales and profits, with adjusted earnings of $1.72 a share on revenue of $1.66 billion. The company's shares, however, slipped in after-hours trading after missing earnings expectations. The retailer's Nuuly rental business also posted record revenue, reaching a 10% operating margin.

Management attributed the strong performance to disciplined execution, healthy customer demand, and a diverse mix of brands that cater to different shoppers, categories, and geographies.

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