8/27/2025

speaker
Conference Operator
Operator

Good day, ladies and gentlemen, and welcome to the Urban Outfitters, Inc. second quarter fiscal 2026 earnings call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you'll need to press star 1-1 on your telephone. If your question has been answered and you'd like to remove yourself from the queue, simply press star 1-1 again. As a reminder, today's program is being recorded. And now I'd like to introduce your host for today's program, Una McCullough, Executive Director of Investor Relations. Please go ahead, Ms. McCullough.

speaker
Una McCullough
Executive Director of Investor Relations

Good afternoon, and welcome to the URBN second quarter fiscal 2026 conference call. Earlier this afternoon, the company issued a press release outlining the financial and operating results for the three- and six-month period ending July 31, 2025. The following discussions may include forward-looking statements. Please note that actual results may differ materially from those statements. Additional information concerning factors that could cause actual results to differ materially from projected results is contained in the company's filings with the Securities and Exchange Commission. For more detailed commentary on our quarterly performance and the text of today's conference call, please refer to our Investor Relations website at www.urbn.com. I will now turn the call over to Deb.

speaker
Richard Hayne
Chairman and Chief Executive Officer

Thanks, Ona, and good afternoon, everyone. The URBN teams delivered another outstanding quarter. Total sales grew by 11% and net income increased by 22%, both new second quarter records. We are especially pleased to report that all brands produced positive comps across all geographies, including the Urban brand in North America. The agenda for today's call includes comments from Frank Conforti, our co-president and COO, who will elaborate on Q2 performance by brand and business segment and address the tariff situation. After Frank, we will spend some time talking about the exciting second quarter successes at the Urban Outfitters brand. Speaking to this will be Sheila Harrington, Global CEO of Urban Outfitters, Emma Wisden, Urban's European president, and Shea Jensen, North American president. After that, Melanie Moran-Effron, our CFO, will walk you through our outlook for the second half. I will then wrap things up with a few closing thoughts before we open the call up for your questions. I now turn the call over to Frank.

Disclaimer

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