Nuuly's Take on Rental Drives Growth for Urban Outfitters [Yahoo! Finance]
Urban Outfitters, Inc. (URBN)
Last urban outfitters, inc. earnings: 3/3 04:10 pm
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Source: Yahoo! Finance
Then, a modern reframing of the business by Rent the Runway, which put rental on the map, but struggled along its own road to profitability. More from WWD Now, Nuuly has arrived. Launched in 2019 within Urban Outfitters Inc., the rental service has gone from an interesting experiment to promising side hustle to growth driver for the retailer. “Somewhere along the way, we got real,” said Dave Hayne, who is chief technology officer at Urbn and has spearheaded Nuuly as president. The model is pretty straight forward, if operationally intense. Subscribers pay $98 to rent six items for a month. Shipping, cleaning and repairs are all handled by Nuuly. About half of the styles on offer come from one of Urbn's businesses — Urban Outfitters , Anthropologie or Free People — while the balance is filled out by goods bought at wholesale, including AG Jeans, Good American and Polo. It's a model that builds on brands and assets Urbn already owns, but also fosters new connections with
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News
- Insights Into Urban Outfitters (URBN) Q3: Wall Street Projections for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Urban Outfitters, Inc. (NASDAQ: URBN) had its price target raised by analysts at Citigroup Inc. from $39.00 to $42.00. They now have a "neutral" rating on the stock.MarketBeat
- Urban Outfitters, Inc. (NASDAQ: URBN) had its "market perform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $44.00 price target on the stock.MarketBeat
- Anthropologie: Celebrating 15 Years in The UK [Forbes]Forbes
- Urban Outfitters (URBN) Expected to Beat Earnings Estimates: Should You Buy? [Yahoo! Finance]Yahoo! Finance
URBN
Earnings
- 8/21/24 - Beat
URBN
Sec Filings
- 9/10/24 - Form 4
- 9/9/24 - Form 10-Q
- 9/6/24 - Form 144
- URBN's page on the SEC website