Urban Outfitters Reports Net Income of $52.8 Million in the First Quarter of 2023
Company's Revenue Reaches $1.11 Billion, Reflecting Positive Growth
By USInMinutes
Published - Jul 05, 2023, 06:32 AM ET
Last Updated - Jul 18, 2023, 03:05 PM EDT
Urban Outfitters,(URBN) a leading fashion retailer, has released its unaudited financial statements for the first quarter of 2023. The company reported a net income of $52.8 million for the quarter, showcasing a strong performance. Additionally, Urban Outfitters achieved revenue of $1.11 billion, indicating positive growth in its sales. These financial results demonstrate the company's ability to navigate the challenging retail landscape and maintain its competitive position.
Financial Statements
Condensed Consolidated Balance Sheets as of April 30, 2023, January 31, 2023, and April 30, 2022
The condensed consolidated balance sheets highlight Urban Outfitters' assets and liabilities as of the specified dates, providing an overview of its financial position.
