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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 1.35B | 13% |
| Gross Profit | 493M | 20.8% |
| Cost of Revenue | 859M | 9% |
| Operating expense | 348M | 3.7% |
| Net Income | 117M | 90.2% |
| EBITDA | 174M | 69.9% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 4.26B | 1.7% |
| Total Liabilities | 2.02B | 0.4% |
| Total Equity | 2.24B | 3.7% |
| Shares Outstanding | 92M | 1.2% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 105M | 79.8% |
| Cash from investing | -15M | 66.5% |
| Cash from financing | -54M | 251.3% |
EPS
Financial Highlights for Urban Outfitters in Q3 '24
Urban Outfitters reported a revenue of 1.35B, which is a 13% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 493M, marking a 20.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 859M, a 9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 348M, showing a -3.7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 117M, showing a 90.2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 174M, showing a 69.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Urban Outfitters with growth in revenue, gross profit, and net income.
