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Urban Outfitters Inc. (NASDAQ:URBN) is scheduled to report its Q2 2013 results on August 20, 2012, after the bell. The street expects EPS and revenue of $0.33 and $671.79M, respectively.

In this article I will recap the historical results of the company, its latest EPS estimates vs. surprises, the latest news from URBN and the news from its closest competitors.

Urban Outfitters Inc. Revenue and Net Income History

Recent EPS Actuals vs. Estimates

In the last quarter it reported $0.23 EPS, beating analyst estimates of $0.20.

Urban Outfitters Inc. EPS Historical Results vs Estimates

The consensus EPS estimate is $0.33 based on 30 analysts' estimates, down from $0.35 a year ago. Revenue estimates are $671.79M, up from $609.18M a year ago. The median target price by analysts for the stock is $32.00.

Average recommendation: Overweight

Source: Marketwatch

Latest News

  • On May 21, 2012, Urban Outfitters, Inc. announced net income of $34 million or earnings per diluted share of $0.23 for the three months ended April 30, 2012. Total Company net sales rose by 9% over the same quarter last year to $569 million. Comparable retail segment net sales, which include our Direct-to-Consumer channels, increased 2% for the quarter, while comparable store net sales decreased 1%. Comparable retail segment net sales at Free People and Urban Outfitters increased 2%, and 6%, respectively, while comparable retail segment net sales at Anthropologie decreased 2% for the quarter. Direct-to-Consumer comparable net sales increased 15% and wholesale segment net sales increased 2% for the quarter.
  • On March 21, 2012, Urban Outfitters, Inc. announced that Eric Artz is stepping down as Chief Financial Officer (NASDAQ:CFO) effective April 3, 2012, and is being replaced by Frank Conforti, the Company's Chief Accounting Officer.
  • On March 12, 2012, Urban Outfitters, Inc. announced net income of $39.3 million and $185.3 million for the fourth quarter and the year ended January 31, 2012, respectively. Earnings per diluted share were $0.27 for the quarter and $1.19 for the year. For the fourth quarter of fiscal 2012, total company net sales increased 9% over the same quarter last year to $731 million. Comparable retail segment net sales, which include the Direct-to-Consumer channels, increased 2% for the quarter, while comparable store net sales decreased 1% for the quarter. Comparable retail segment net sales at Urban Outfitters, Free People and Anthropologie increased 3%, 9% and 1%, respectively. Direct-to-Consumer comparable net sales increased 14% and wholesale segment net sales rose 3% for the quarter.

Competitors

American Eagle Outfitters (NYSE:AEO), Abercrombie & Fitch (NYSE:ANF), Aeropostale (NYSE:ARO), Gap (NYSE:GPS), and Hot Topic (NASDAQ:HOTT) are considered major competitors for Urban Outfitters and the table below provides the key metrics for these companies and the industry.

Urban Outfitters Inc. key ratio comparison with direct competitors

The chart below compares the stock price changes as a percentage for the selected companies for the last one year period.

URBN Chart

URBN data by YCharts

Competitors' Latest Development

  • On August 2, 2012, The Gap, Inc. announced that for second quarter of 2012, it expects diluted earnings per share to be in the range of $0.47 to $0.48, compared with $0.35 for the second quarter last year.
  • On August 1, 2012, Abercrombie & Fitch announced that for the second quarter of 2012, it expects diluted earnings per share of approximately $0.15-$0.18. Based on a lower sales trend than previously projected, the Company now expects fiscal 2012, diluted earnings per share of approximately $2.50 to $2.75. This projection assumes same store sales to be down 10% for the second half of the year, consistent with the second quarter trend.
  • On August 1, 2012, American Eagle Outfitters, Inc. announced that for second quarter of 2012, it is raising adjusted EPS outlook to $0.19 to $0.21.
  • On August 1, 2012, Hot Topic, Inc. increased its second quarter 2012 guidance to a loss per share in the range of $0.02 to $0.03 per share. Previous guidance for the Company was a loss per share in the range of $0.04 to $0.06 per share based upon a comp sales increase in the low to mid-single-digit percentage range.
  • On May 17, 2012, Aeropostale Inc announced that for second quarter of 2012, it expects earnings in the range of $0.03 to $0.05 per diluted share (NYSEARCA:EPS). This compares to earnings of $0.04 per diluted share for the second quarter of 2011, which included a non-recurring pre-tax benefit to the Company's gross profit of $8.7 million, or $0.06 per diluted share, resulting from the resolution of a dispute with one of the Company's merchandise vendors surrounding prior period allowances.
  • On May 17, 2012, Hot Topic, Inc. announced that for second quarter of 2012, it expects sales to be in the range of $156-$160 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $159 million for second quarter of 2012.
  • On May 17, 2012, The Gap, Inc. announced that its Board of Directors authorized a quarterly dividend of $0.125 per share payable on or after July 24, 2012 to shareholders of record at the close of business on July 3, 2012.
  • On May 17, 2012, The Gap, Inc. announced that the Company raised its guidance for fiscal 2012 diluted earnings per share to be in the range of $1.78 to $1.83.
  • On May 3, 2012, Aeropostale Inc announced that based on the better than expected performance for the quarter, the Company new expects first quarter 2012 earnings in the range of $0.12-$0.13 per diluted share, versus its previously issued guidance range of $0.08-$0.10 per diluted share.
  • On May 3, 2012, The Gap, Inc. announced that for first quarter of 2012, it expects earnings per share in the range of $0.44 to $0.46. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $0.40 for first quarter of 2012.
  • On May 2, 2012, American Eagle Outfitters, Inc. announced that for the first quarter of 2012, it expects earnings to be in the range of $0.18-$0.20 per diluted share .
  • On May 2, 2012, Hot Topic, Inc. announced that it has raised first quarter 2012 earnings guidance to a range of $0.07 to $0.08 per share, from $0.02 to $0.05 range per share based upon a comparable sales increase in the mid-single-digit percentage range.
  • On April 4, 2012, Hot Topic, Inc. announced that on April 2, 2012 its Board of Directors declared a regular quarterly dividend of $0.08 per share payable on April 30, 2012, to shareholders of record at the close of business on April 16, 2012.
  • On March 19, 2012, Dow Jones reported that The Gap, Inc. (Gap) has opened its first store in South Africa. The expansion in the region comes as the Company is closing stores in North America and opening outlets in other emerging markets.
  • On March 8, 2012, Aeropostale Inc announced that for the first quarter of 2012, the Company expects earnings in the range of $0.08 to $0.10 per diluted share . According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $0.12 for the first quarter of 2012.
  • On March 7, 2012, American Eagle Outfitters, Inc. announced that for fiscal 2012, the Company is planning a modest sales increase. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $3.33 billion for fiscal 2012.
  • On March 7, 2012, Hot Topic, Inc. announced that for the first quarter of 2012, it expects earnings per share in the range of $0.02 to $0.05. This guidance is based upon a comp store sales increase in the mid single digit percentage range.
  • On February 23, 2012, The Gap, Inc. announced that it has approved a new $1 billion share repurchase authorization and approved a plan to increase the annual dividend per share by 11%, from $0.45 in fiscal year 2011 to $0.50 for fiscal year 2012.
  • On February 23, 2012, The Gap, Inc. announced that for fiscal 2012, it expects diluted earnings per share to be in the range of $1.75 - $1.80. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $1.79 for fiscal 2012.
  • On February 16, 2012, Abercrombie & Fitch announced that for fiscal 2012, it expects earnings per share in the range of $3.50-$3.75. According to I/B/E/S estimates, analysts were expecting the Company to report EPS of $3.48 for fiscal 2012.

Technical Overview


The stock has a market capitalization of $4.44B and is currently trading at $30.29 with a 52 week range of $21.47 - $31.81. The stock's year-to-date performance has been 11.25%. It is currently trading above 50 and 200 SMA, but below 20 SMA.

Sources: Yahoo Finance, Google Finance, Marketwatch, Finviz, Reuters.

Source: Earnings Preview: Urban Outfitters