Urban Outfitters, Inc.

Ladies and gentlemen, and welcome to the Urban Outfitters Inc. third quarter fiscal 26 earnings call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask the question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. And I'd like to turn the conference over to Orla McCullough, Executive Director, Investor Relations. Ma'am, you may begin.

Good afternoon, and welcome to the URBN third quarter fiscal 2026 conference call. Earlier this afternoon, the company issued a press release outlining the financial and operating results for the three- and nine-month period ending October 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 filing for 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 Dick.

Thanks, Ona, and good afternoon, everyone. The URBN teams delivered another outstanding quarter. Total revenues grew by 12% and net income increased by 13%, both new third quarter records. We are especially pleased to report that all brands produced positive comps across all geographies this quarter. This includes the powerful double-digit comps, the urban brand generated in both North America and Europe. and the exceptional growth in subscribers and revenue from the newly brand. The agenda for today's call includes comments from Frank Conforti, our co-president and COO, who will elaborate on Q3 performance by brand and business segment. After Frank, Tricia Smith, CEO of the Anthropology Group, will speak to the performance of that brand and their newly launched MAVE concept. Melanie Moran-Effron, our CFO, will then walk you through our outlet for the fourth quarter, and I'll wrap things up with a few closing thoughts before we open the call for your questions. Frank, the floor is all yours.