Urban Outfitters, Inc. · NASDAQ:URBN
Urban Outfitters — Q1 FY2017 Earnings Presentation
10 slides from Urban Outfitters's earnings presentation, May 2016
Slide 1: Urban Outfitters Inc. FY'17 Q1 Results
Urban Outfitters Inc. FY’17 Q1 RESULTS Rion wAAeeaeoarcd a coe
Slide 2: Q1 FY'17 Key Financial Highlights
URBN Q1 FY’17 KEY FINANCIAL HIGHLIGHTS Three Months Ended Three Months Ended April 30, 2016 April 30, 2015 Retail Segment Comparable Net Sales 1% 4% Gross Profit* 34.3% 33.3% Selling, General and Admin. Expenses* 27.7% 26.1% Income from Operations* 6.6% 7.2% Earning Per Diluted Share $ 0.25 $ 0.25 *
Slide 3: Key Sales Performance Indicators
URBN KEY SALES PERFORMANCE INDICATORS (change vs. prior year comparable period) Three Months Ended Three Months Ended April 30, 2016 April 30, 2015 UBRN Net Sales Change: 3% 8% Retail Segment Comparable Net Sales Change: URBN 1% 4% Urban Outfitters 2% 5% Anthropologie Group flat 1% Free People -2% 1
Slide 4: Income Statement Summary
URBN INCOME STATEMENT SUMMARY (inemillions, except per share data) Three Months Ended Three Months Ended Aang inwt) April 30, 2016 April 30, 2015 % Variance Net Sales $ 762.6 $ 739.0 one Gross Profit 261.9 246.4 6.3 Selling, General and Admin. Expenses 211.4 193.3 9.3 Income from Operations 50.5 53.
Slide 5: Balance Sheet Summary
URBN BALANCE SHEET SUMMARY (Sin millions) (unaudited) Assets Cash and Cash Equivalents Marketable Securities Accounts Receivable, Net Inventory Other Current Assets Total Current Assets Property and Equipment, Net Marketable Securities Other Assets Total Assets Liabilities and Total Shareholders’ Eq
Slide 6: Inventory Data
URBN INVENTORY DATA (Sin millions) dited (unaudited) April 30, 2016 URBN Inventory $ 360 % Change from Prior Year -10% April 30, 2016 Cost April 30, 2016: Units Retail Segment Comparable Inventory URBN -10% -9% Urban Outfitters -13% -10% Anthropologie Group -10% -10% Free People 6% 6%
Slide 7: Global Retail Stores Summary
GLOBAL RETAIL STORES SUMMARY b QLUFY'17 PROJECTED FY17 ———____+4 Projected Open as of Open as of Projected Projected Open as of January 31, 2016 Openings Closings “April 30, 2016 Openings Closings’ January 31, 2017 Urban Outfitters 240 - 1 239 5 244 Anthropologie Group 218 1 1 218 10 226 Free People
Slide 8: Shares Outstanding
URBN SHARES OUTSTANDING (share count in millions) ENDING SHARES OUTSTANDING 160 150 140 130 120 110 100 Qi Q2.Q3 Q4 = Q1-Q2.Q3-Q4 Qt Q2.Q3 Q4 Q1Q2 Q3.Q4 Qt. Q7-Q3.Q4 Qt 2012 2013 2014 2015 2016 2017 2]
Slide 9: Capital Spending
URBN CAPITAL SPENDING (Sin millions) $ 250 $ 200 $ 150 $ 100 NET CAPEX % OF NET SALES 6.0% FY2014 6.9% 3.9% FY2015 FY2016 4.7% PROJECTED FY2017 Ci Technology (J Stores
Slide 10: Global Retail Store Count and Square Foot
GLOBAL RETAIL STORE COUNT AND SQUARE FOOT (all data is as of the respective period ended) FY13 Qi Q2 Q3 Qa FY14 qu Q2 Q3 Q4 Store Count Selling SF Store Count Selling SF Store Count Selling SF Store Count Selling SF Store Count Selling SF Store Count Selling SF Store Count Selling SF Store Count Sel