Sales at Urban Outfitters for the three months ended April 30, 2026, in Q1 increased 11.4% to a record $1.48bn, as the retailer consolidated growth across all brands and channels.
Total Retail segment net sales increased 8.0%, with comparable Retail segment net sales increasing 5.6%. The increase in the Retail segment’s comparable net sales was driven by high-single-digit positive growth in digital channel sales and mid-single-digit positive growth in retail store sales.
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Comparable Retail segment net sales increased 9.8% at Free People Group, 9.3% at Urban Outfitters and 1.9% at Anthropologie.
Wholesale segment net sales increased 24.8%, driven by a 26.2% increase in Free People Group wholesale sales, driven by higher sales to speciality customers.
The company posted net income of $115.7m, or $1.30 per diluted share, marking a record quarterly profit.
“We are pleased to report record first quarter sales and earnings driven by positive retail segment ‘comps’ at all brands and impressive double-digit growth in both our Wholesale and Subscription segments,” comment Richard A. Hayne, CEO.
“Our customers remain engaged and are responding to compelling fashion trends, giving us confidence in URBN’s continued success.”
Gross profit rate decreased by 16 basis points compared to the three months ended April 30, 2025, and gross profit dollars increased 10.9% to $542.6m from $489.1m.
