Urban Outfitters, Inc. · NASDAQ:URBN
Urban Outfitters — Q4 FY2017 Earnings Presentation
11 slides from Urban Outfitters's earnings presentation
Slide 1: FY'17 Q4 Results
Urban Outfitters Inc. F Y ’ 17 Q4 RE S ULT S
Slide 2: URBN Q4 FY'17 Key Financial Highlights
UR B N Q4 F Y ’ 17 K E Y FINA NC I A L H IG H L IG H T S Three Months Ended Three Months Ended Januar y 31 , 2017 Januar y 31 , 2016 Retail Segment Comparable Net Sales flat -2% Gross Profit* 33.0% 34.5% Selling, General and Admin. Expenses* 23.3% 23.0% Income from Operations* 9.7% 11.5% Earnings Pe
Slide 3: URBN Key Sales Performance Indicators
URB N K E Y S A L E S P E R FO R M A N C E I N D I C ATO R S (change vs. prior year comparable period) Three Months Ended Three Months Ended Januar y 31 , 2017 Januar y 31 , 2016 UBRN Net Sales Change: 2% flat Retail Segment Comparable Net Sales Change: URBN flat -1.8% Urban Outfitters 2.0% -2.5% An
Slide 4: URBN Income Statement Summary
URB N I N CO M E S TAT E M E N T S UM M ARY (in millions, except per share data) Three Months Ended Three Months Ended (unaudited) Januar y 31 , 2017 Januar y 31 , 2016 Net Sales $ 1,030.2 $ 1,013.4 Cost of Sales 689.9 664.2 Gross Profit 340.3 349.2 Selling, General and Admin. Expenses 240.8 232.8 I
Slide 5: URBN Balance Sheet Summary
U R B N BA L A NC E SH EE T SUMM ARY ($ in millions) Januar y 31 , 201 7 Januar y 31 , 2016 (unaudited) Assets Cash and Cash Equivalents $ 248 $ 265 Marketable Securities 111 61 Accounts Receivable, Net 55 76 Inventory 339 330 Other Current Assets 128 102 Total Current Assets 881 834 Property and Eq
Slide 6: URBN Inventory Data
URBN I N V E NTORY DATA ($ in millions) (unaudited) Januar y 31 , 2017 URBN Inventory $ 339 % Change from Prior Year 3% Januar y 31 , 2017 Cost Retail Segment Comparable Inventory URBN -2% Urban Outfitters -1% Anthropologie Group 1% Free People -18% 65
Slide 7: Global Retail Stores Summary
G LO B A L R E TA I L S TO R E S SUMMARY Three Months Ended January 31, 2017 Open as of Open as of October 31, 2016 Openings Closings January 31, 2017 Urban Outfitters 242 1 1 242 Anthropologie Group 226 1 2 225 Free People 124 4 1 127 URBN 592 6 4 594 Selling SF as of Net Selling SF as of (Selling
Slide 8: Global Retail Stores Summary
G LO B A L R E TA I L S TO R E S SUMMARY YTD FY ’17 PROJECTED FY’18 Projected Open as of Open as of Projected Projected Open as of January 31, 2016 Openings Closings January 31, 2017 Openings Closings January 31, 2018 Urban Outfitters 240 4 2 242 4 2 244 Anthropologie Group 218 10 3 225 4 2 227 Free
Slide 9: URBN Shares Outstanding
URBN SHARE S OU T S TANDI NG (share count in millions) ENDING SHARES OUT STANDING 160 150 140 130 120 1 10 100 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2012 2013 2014 2015 2016 2017 95
Slide 10: URBN Capital Spending
URBN CAPI TA L SPE NDI NG ($ in millions) NET CAPEX % OF NET SALES Home Office Fulfillment 6.9% Technology $ 250 6.0% Stores $ 200 4.1% 3.9% $ 150 2.3% $ 100 $ 50 FY 2014 FY 2015 FY 2016 FY 2017 PROJECTED FY 2018 10 5
Slide 11: Global Retail Store Count and Square Footage
G LOB A L R E TA I L S TOR E COU N T A N D S Q UA R E FOOTAG E (all data is as of the respective period ended) UO AN FP URB N UO AN FP URB N F Y 14 Q1 Store Count 216 186 80 482 F Y 16 Q1 Store Count 238 208 106 552 Selling SF 1,917,291 1,406,750 109,406 3,433,447 Selling SF 2,149,703 1,532,767 166,