NewsNovo

Urban Outfitters' record streak and the earnings per share that needs a footnote

8/27/2026

The record eight-quarter streak at Urban Outfitters, Inc.

What the August 26, 2026 second-quarter filing asks you to work through is how much of the $2.78 GAAP earnings per diluted share belongs to the operating business and how much came from a one-time refund on tariffs previously paid under the International Emergency Economic Powers Act.

Adjusted for that benefit, associated interest income, and a tax release tied to foreign deferred tax assets, EPS was $1.72, on net sales of a record $1.66 billion.

The adjusted case for the quarter On an adjusted basis, this was the company's highest adjusted profit quarter in its history, according to Chief Executive Officer Richard A.

Keep reading

Read the full story

Open on NewsNovo