Urban Outfitters (URBN)
Market Price (9/5/2026): $80.22 | Market Cap: $7.0 BilSector: Consumer Discretionary | Industry: Apparel Retail
Urban Outfitters (URBN)
Market Price (9/5/2026): $80.22Market Cap: $7.0 BilSector: Consumer DiscretionaryIndustry: Apparel Retail
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.7% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 11% Low stock price volatilityVol 12M is 43% Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Sustainable Consumption. Themes include Direct-to-Consumer Brands, Show more. | Trading close to highsDist 52W High is -2.4%, Dist 3Y High is -2.4% | Key risksURBN key risks include [1] declining comparable sales at its core brand, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.7% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 11% |
| Low stock price volatilityVol 12M is 43% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Experience Economy & Premiumization, and Sustainable Consumption. Themes include Direct-to-Consumer Brands, Show more. |
| Trading close to highsDist 52W High is -2.4%, Dist 3Y High is -2.4% |
| Key risksURBN key risks include [1] declining comparable sales at its core brand, Show more. |
Qualitative Assessment
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Updated on 9/1/2026
Urban Outfitters (URBN) stock has gained about 10% since 5/31/2026 because of the following key factors:
1. Urban Outfitters reported record financial results for fiscal Q2 2027 (ended July 31, 2026), with net sales increasing 10.4% year-over-year to $1.66 billion, exceeding analyst expectations, and adjusted diluted earnings per share growing 9% to $1.72, meeting consensus estimates. This performance marked the eighth consecutive quarter of record sales and profits, demonstrating strong operational execution with operating income growing 11% to a record $193 million.
2. The company experienced robust growth across its brand portfolio, particularly in its Free People Group and the Nuuly subscription segment. The Free People Group achieved a 10% increase in comparable retail sales, while Nuuly's revenue surged 29% to $179 million, driven by a 30% rise in average active subscribers to 484,000, and achieved a 10% operating margin. The Wholesale segment also contributed significantly with a 19% increase in sales.
Show more
Urban Outfitters (URBN) stock has gained about 10% since 5/31/2026 because of the following key factors:
1. Urban Outfitters reported record financial results for fiscal Q2 2027 (ended July 31, 2026), with net sales increasing 10.4% year-over-year to $1.66 billion, exceeding analyst expectations, and adjusted diluted earnings per share growing 9% to $1.72, meeting consensus estimates. This performance marked the eighth consecutive quarter of record sales and profits, demonstrating strong operational execution with operating income growing 11% to a record $193 million.
2. The company experienced robust growth across its brand portfolio, particularly in its Free People Group and the Nuuly subscription segment. The Free People Group achieved a 10% increase in comparable retail sales, while Nuuly's revenue surged 29% to $179 million, driven by a 30% rise in average active subscribers to 484,000, and achieved a 10% operating margin. The Wholesale segment also contributed significantly with a 19% increase in sales.
Show more
Updated on 9/1/2026
Urban Outfitters (URBN) stock has gained about 10% since 5/31/2026 because of the following key factors:
1. Urban Outfitters reported record financial results for fiscal Q2 2027 (ended July 31, 2026), with net sales increasing 10.4% year-over-year to $1.66 billion, exceeding analyst expectations, and adjusted diluted earnings per share growing 9% to $1.72, meeting consensus estimates. This performance marked the eighth consecutive quarter of record sales and profits, demonstrating strong operational execution with operating income growing 11% to a record $193 million.
2. The company experienced robust growth across its brand portfolio, particularly in its Free People Group and the Nuuly subscription segment. The Free People Group achieved a 10% increase in comparable retail sales, while Nuuly's revenue surged 29% to $179 million, driven by a 30% rise in average active subscribers to 484,000, and achieved a 10% operating margin. The Wholesale segment also contributed significantly with a 19% increase in sales.
3. Positive analyst sentiment and price target upgrades further bolstered investor confidence following the strong fiscal Q2 2027 results. Goldman Sachs upgraded Urban Outfitters from a "neutral" to a "buy" rating in July 2026, raising its price target from $76.00 to $93.00. Other firms, including Wells Fargo and UBS, also increased their price targets, signaling an improved outlook for the company's future performance.
4. The completion of a significant share repurchase program and benefits from tariff refunds contributed to the positive trend. Urban Outfitters completed a share repurchase program, having bought back 9,990,599 shares for $524.44 million since its 2019 authorization. Additionally, the company recognized one-time benefits from refunds for previously paid tariffs, which positively impacted net income during fiscal Q2 2027.
Show less
Urban Outfitters (URBN) stock has gained about 10% since 5/31/2026 because of the following key factors:
1. Urban Outfitters reported record financial results for fiscal Q2 2027 (ended July 31, 2026), with net sales increasing 10.4% year-over-year to $1.66 billion, exceeding analyst expectations, and adjusted diluted earnings per share growing 9% to $1.72, meeting consensus estimates. This performance marked the eighth consecutive quarter of record sales and profits, demonstrating strong operational execution with operating income growing 11% to a record $193 million.
2. The company experienced robust growth across its brand portfolio, particularly in its Free People Group and the Nuuly subscription segment. The Free People Group achieved a 10% increase in comparable retail sales, while Nuuly's revenue surged 29% to $179 million, driven by a 30% rise in average active subscribers to 484,000, and achieved a 10% operating margin. The Wholesale segment also contributed significantly with a 19% increase in sales.
3. Positive analyst sentiment and price target upgrades further bolstered investor confidence following the strong fiscal Q2 2027 results. Goldman Sachs upgraded Urban Outfitters from a "neutral" to a "buy" rating in July 2026, raising its price target from $76.00 to $93.00. Other firms, including Wells Fargo and UBS, also increased their price targets, signaling an improved outlook for the company's future performance.
4. The completion of a significant share repurchase program and benefits from tariff refunds contributed to the positive trend. Urban Outfitters completed a share repurchase program, having bought back 9,990,599 shares for $524.44 million since its 2019 authorization. Additionally, the company recognized one-time benefits from refunds for previously paid tariffs, which positively impacted net income during fiscal Q2 2027.
Show less
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Stock Movement Drivers
Fundamental Drivers
The 11.5% change in URBN stock from 5/31/2026 to 9/4/2026 was primarily driven by a 7.0% change in the company's P/E Multiple.| (LTM values as of) | 5312026 | 9042026 | Change |
|---|---|---|---|
| Stock Price ($) | 72.65 | 80.97 | 11.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 6,165 | 6,317 | 2.5% |
| Net Income Margin (%) | 7.5% | 7.5% | -0.9% |
| P/E Multiple | 14.0 | 15.0 | 7.0% |
| Shares Outstanding (Mil) | 90 | 88 | 2.5% |
| Cumulative Contribution | 11.5% |
Market Drivers
5/31/2026 to 9/4/2026| Return | Correlation | |
|---|---|---|
| URBN | 11.5% | |
| Market (SPY) | 1.8% | 29.0% |
| Sector (XLY) | -4.9% | 49.2% |
Fundamental Drivers
The 22.3% change in URBN stock from 2/28/2026 to 9/4/2026 was primarily driven by a 23.5% change in the company's P/E Multiple.| (LTM values as of) | 2282026 | 9042026 | Change |
|---|---|---|---|
| Stock Price ($) | 66.20 | 80.97 | 22.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 6,000 | 6,317 | 5.3% |
| Net Income Margin (%) | 8.1% | 7.5% | -8.3% |
| P/E Multiple | 12.1 | 15.0 | 23.5% |
| Shares Outstanding (Mil) | 90 | 88 | 2.5% |
| Cumulative Contribution | 22.3% |
Market Drivers
2/28/2026 to 9/4/2026| Return | Correlation | |
|---|---|---|
| URBN | 22.3% | |
| Market (SPY) | 12.6% | 39.3% |
| Sector (XLY) | -1.5% | 50.5% |
Fundamental Drivers
The 20.7% change in URBN stock from 8/31/2025 to 9/4/2026 was primarily driven by a 11.2% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 8312025 | 9042026 | Change |
|---|---|---|---|
| Stock Price ($) | 67.08 | 80.97 | 20.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,679 | 6,317 | 11.2% |
| Net Income Margin (%) | 7.9% | 7.5% | -5.4% |
| P/E Multiple | 13.7 | 15.0 | 9.5% |
| Shares Outstanding (Mil) | 92 | 88 | 4.9% |
| Cumulative Contribution | 20.7% |
Market Drivers
8/31/2025 to 9/4/2026| Return | Correlation | |
|---|---|---|
| URBN | 20.7% | |
| Market (SPY) | 20.4% | 29.6% |
| Sector (XLY) | -0.3% | 39.3% |
Fundamental Drivers
The 143.8% change in URBN stock from 8/31/2023 to 9/4/2026 was primarily driven by a 100.6% change in the company's Net Income Margin (%).| (LTM values as of) | 8312023 | 9042026 | Change |
|---|---|---|---|
| Stock Price ($) | 33.21 | 80.97 | 143.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,857 | 6,317 | 30.1% |
| Net Income Margin (%) | 3.7% | 7.5% | 100.6% |
| P/E Multiple | 17.0 | 15.0 | -11.6% |
| Shares Outstanding (Mil) | 92 | 88 | 5.7% |
| Cumulative Contribution | 143.8% |
Market Drivers
8/31/2023 to 9/4/2026| Return | Correlation | |
|---|---|---|
| URBN | 143.8% | |
| Market (SPY) | 77.1% | 39.3% |
| Sector (XLY) | 37.7% | 43.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| URBN Return | 15% | -19% | 50% | 54% | 37% | 7% | 215% |
| Peers Return | 65% | -33% | 66% | 4% | 9% | 11% | 131% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 106% |
Monthly Win Rates [3] | |||||||
| URBN Win Rate | 50% | 25% | 58% | 67% | 75% | 44% | |
| Peers Win Rate | 68% | 33% | 57% | 42% | 52% | 51% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 56% | |
Max Drawdowns [4] | |||||||
| URBN Max Drawdown | -34% | -40% | -15% | -29% | -28% | -25% | |
| Peers Max Drawdown | -28% | -56% | -38% | -37% | -52% | -38% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ANF, AEO, BKE, ZUMZ, TLYS. See URBN Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/4/2026 (YTD)
How Low Can It Go
| Event | URBN | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -22.6% | -18.8% |
| % Gain to Breakeven | 29.2% | 23.1% |
| Time to Breakeven | 34 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -12.4% | -7.8% |
| % Gain to Breakeven | 14.1% | 8.5% |
| Time to Breakeven | 112 days | 18 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -39.6% | -24.5% |
| % Gain to Breakeven | 65.6% | 32.4% |
| Time to Breakeven | 365 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -54.1% | -33.7% |
| % Gain to Breakeven | 117.9% | 50.9% |
| Time to Breakeven | 227 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -21.9% | -19.2% |
| % Gain to Breakeven | 28.0% | 23.8% |
| Time to Breakeven | 814 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -52.7% | -3.7% |
| % Gain to Breakeven | 111.5% | 3.9% |
| Time to Breakeven | 194 days | 6 days |
In The Past
Urban Outfitters's stock fell -22.6% during the 2025 US Tariff Shock. Such a loss loss requires a 29.2% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | URBN | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -22.6% | -18.8% |
| % Gain to Breakeven | 29.2% | 23.1% |
| Time to Breakeven | 34 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -39.6% | -24.5% |
| % Gain to Breakeven | 65.6% | 32.4% |
| Time to Breakeven | 365 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -54.1% | -33.7% |
| % Gain to Breakeven | 117.9% | 50.9% |
| Time to Breakeven | 227 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -21.9% | -19.2% |
| % Gain to Breakeven | 28.0% | 23.8% |
| Time to Breakeven | 814 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -52.7% | -3.7% |
| % Gain to Breakeven | 111.5% | 3.9% |
| Time to Breakeven | 194 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -35.5% | -12.2% |
| % Gain to Breakeven | 55.0% | 13.9% |
| Time to Breakeven | 49 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -47.8% | -6.8% |
| % Gain to Breakeven | 91.4% | 7.3% |
| Time to Breakeven | 828 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -32.7% | -17.9% |
| % Gain to Breakeven | 48.7% | 21.8% |
| Time to Breakeven | 323 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -21.2% | -15.4% |
| % Gain to Breakeven | 26.9% | 18.2% |
| Time to Breakeven | 901 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -53.7% | -53.4% |
| % Gain to Breakeven | 115.8% | 114.4% |
| Time to Breakeven | 260 days | 1085 days |
In The Past
Urban Outfitters's stock fell -22.6% during the 2025 US Tariff Shock. Such a loss loss requires a 29.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Urban Outfitters (URBN)
Urban Outfitters, Inc. (URBN) is a diversified lifestyle retail and wholesale company primarily focused on general consumer products. The company operates through distinct segments including Retail, Wholesale, and its apparel rental service, Nuuly. It manages a portfolio of well-known brands, each catering to specific demographics and lifestyle preferences, offering a wide array of fashion, home goods, and other consumer products.
URBN's retail footprint includes several distinct brands. Urban Outfitters targets young adults aged 18-28 with fashion apparel, accessories, home goods, and electronics. Anthropologie caters to women aged 28-45, offering casual apparel, home furnishings, and beauty products. Free People focuses on young women aged 25-30 with bohemian-inspired apparel, intimates, and activewear. Additionally, the company operates Bhldn for wedding-related attire and decor, Terrain for home and garden products, and a restaurant division. Nuuly provides a women's apparel subscription rental service, expanding the company's offering beyond traditional retail.
Beyond its extensive retail operations, Urban Outfitters also maintains a significant wholesale business, primarily distributing Free People brand's young women's contemporary apparel, intimates, and home goods to department and specialty stores globally. The company serves a broad customer base across various age groups and lifestyle segments, reaching consumers through its physical stores, e-commerce platforms, and wholesale partners in the United States, Canada, Europe, and other international markets.
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Urban Outfitters is like Gap Inc., but with a portfolio of more trend-driven, bohemian, and eclectic lifestyle brands such as Urban Outfitters, Anthropologie, and Free People, offering fashion, home goods, and unique specialty products.
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- Fashion and Lifestyle Products (Urban Outfitters): Offers women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults.
- Fashion and Home Goods (Anthropologie): Provides women's casual apparel, accessories, intimates, shoes, home furnishings, gifts, decorative items, and beauty and wellness products.
- Bridal and Event Apparel & Accessories (Bhldn): Specializes in heirloom quality wedding gowns, bridesmaid frocks, party dresses, jewelry, headpieces, footwear, lingerie, and decorations.
- Home and Garden Lifestyle Products (Terrain): Sells lifestyle home products, garden and outdoor living products, antiques, live plants, flowers, wellness products, and accessories.
- Bohemian Fashion and Lifestyle (Free People): Features casual women's apparel, intimates, activewear, shoes, accessories, home products, gifts, and beauty and wellness products.
- Restaurant Services: Operates various restaurants alongside its retail brands.
- Apparel Rental Service (Nuuly): Provides a women's apparel subscription rental service.
- Wholesale Operations: Distributes Free People brand young women's contemporary casual apparel, intimates, activewear, and shoes, as well as home goods, to other retailers.
AI Analysis | Feedback
Urban Outfitters (URBN) primarily sells its products directly to individual consumers through its extensive network of retail stores, websites, mobile applications, and subscription services.
Based on the company's brand portfolio and the target demographics described, Urban Outfitters serves the following three primary categories of individual customers:
Young Adults (aged 18-28): This category is primarily targeted by Urban Outfitters stores, offering fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products.
Women (aged 28-45): Anthropologie stores cater to this demographic, providing women's casual apparel, accessories, intimates, shoes, home furnishings, gifts, decorative items, and beauty and wellness products.
Young Women (aged 25-30): Free People retail stores focus on this group, offering casual women's apparel, intimates, activewear, shoes, accessories, home products, gifts, and beauty and wellness products.
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Richard A. Hayne, Chief Executive Officer & Chairman
Richard Hayne co-founded Urban Outfitters in 1970 as a single store near the University of Pennsylvania, targeting counterculture youth. He has served as Chairman of the Board and CEO since the company's incorporation in 1976. Hayne took the firm public in 1993 and expanded URBN into a global portfolio of lifestyle brands. As of March 2026, he owns nearly a quarter of URBN shares with his wife. He graduated from Lehigh University in 1969 with a degree in anthropology.
Melanie Marein-Efron, Chief Financial Officer
Melanie Marein-Efron was promoted to Chief Financial Officer of Urban Outfitters, Inc. effective December 2, 2020. She joined URBN in January 2013 as Director of Financial, Planning & Analysis, and was later promoted to Executive Director Finance & Corporate Development. Prior to joining Urban Outfitters, she held various senior finance roles at Campbell Soup Company (for over eight years), Godiva Chocolatier (from 2000 to 2004), and General Motors. Marein-Efron began her career at Arthur Andersen in 1991 in the financial advisory consulting practice. She holds a B.S. in Economics and an M.B.A. in Finance from the Wharton School of the University of Pennsylvania and is a Certified Public Accountant.
Frank J. Conforti, Co-President & Chief Operating Officer
Frank Conforti joined Urban Outfitters in March 2007 as Director of Finance and SEC Reporting. He was subsequently promoted to Controller, Chief Accounting Officer, Chief Financial Officer (a role he held from April 2012), and then to his current role as Co-President and Chief Operating Officer. In this capacity, he oversees Logistics, Development, Real Estate, Call Center, Human Resources, Talent Acquisition & Development, and Legal. Before URBN, Conforti worked with AlliedBarton Security Services, LLC for five years, serving as Controller for three years. He began his career at KPMG in 1998 in various audit roles. He holds a B.S. in Accounting from Moravian College and is a Certified Public Accountant.
Margaret A. Hayne, Co-President & Chief Creative Officer
Margaret Hayne is a veteran of the retail and wholesale industry with over 40 years of experience, serving as Co-President and Chief Creative Officer at URBN. She joined Urban Outfitters in August 1982. She focuses on working with creative teams across product, environment, experience, and branding for all retail, wholesale, and direct aspects of the business. She is married to Richard Hayne.
Sheila Harrington, Global Chief Executive Officer, Urban Outfitters & Free People Groups
Sheila Harrington joined the Free People brand in 2002 to help launch its first store. She was responsible for merchant product development across stores, digital, and wholesale, and was instrumental in developing new businesses like Intimates, Shoes, and FP Movement. She became President of Free People in 2016 and, in 2020, was named Chief Executive Officer of Free People Group, with additional responsibility as Global Chief Executive Officer of Urban Outfitters in 2021. Prior to joining Free People, she worked within the merchant organizations of Bloomingdale's and The Gap.
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Here are the key risks to Urban Outfitters, Inc. (URBN):
- Fashion Trend Volatility and Brand Relevancy: Urban Outfitters' success heavily relies on its ability to accurately predict and respond to rapidly changing fashion trends and consumer preferences. Misjudging these trends can lead to excess unsold inventory, increased markdowns, and a decline in sales and profit margins. The namesake Urban Outfitters brand, in particular, has experienced volatility and a decrease in comparable sales, indicating challenges in resonating with its target younger demographic and a need for a revitalized brand identity. This includes adapting to evolving consumer demands for sustainability and ethical production, and addressing price point challenges compared to fast-fashion competitors.
- Intense Market Competition and Macroeconomic Headwinds: Urban Outfitters operates in a highly saturated and competitive retail, wholesale, and apparel subscription rental market, facing rivals ranging from fast-fashion giants to online boutiques. This intense competition limits pricing power, making it difficult to pass on increased costs. Additionally, the company's segments are sensitive to broader macroeconomic conditions such as inflation and market disruptions that affect consumer confidence and discretionary spending. Increased tariffs, particularly from India, represent a significant near-term financial risk that could pressure gross margins.
- Supply Chain and Ethical Sourcing Risks: Urban Outfitters relies significantly on international sourcing, exposing it to supply chain complexities and potential disruptions. A critical concern is the risk associated with ethical sourcing, specifically reports linking Urban Outfitters and Anthropologie to suppliers with operations in the Uyghur Region, which has a high risk of being connected to forced labor. Products linked to forced labor from this region have been banned in the U.S. since January 2021, posing significant reputational damage, legal liabilities, and operational challenges if not adequately addressed through transparent and verifiable supply chain practices.
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The growth of the resale and recommerce market, exemplified by platforms such as ThredUp, Poshmark, and Depop, poses a clear emerging threat. This trend reflects a significant shift in consumer behavior, particularly among the younger demographics targeted by Urban Outfitters and Free People, towards more sustainable and affordable second-hand fashion consumption. This directly cannibalizes sales of new apparel items.
The rapid rise of ultra-fast fashion e-commerce players, which leverage highly agile supply chains, real-time trend data, and extremely low price points to quickly produce and distribute trendy apparel directly to consumers (e.g., Shein, Temu), also represents a clear emerging threat. These companies can significantly undercut traditional retailers like URBN on price and speed to market for certain trend-driven segments, potentially drawing away a portion of the younger consumer base that values frequent wardrobe updates at minimal cost.
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The addressable markets for Urban Outfitters' main products and services are as follows:
Apparel
- Women's Apparel: The U.S. women's apparel market generated approximately $186 billion in revenue in 2024. In Europe, the women's apparel market in the EU-27 is projected to contribute US $177.10 billion to the total value in 2025.
- Men's Apparel: The Europe menswear market size reached USD 154.1 billion in 2025.
- Overall European Apparel Market: The apparel market size in Europe was valued at USD 375.98 billion in 2024 and is projected to reach USD 538.38 billion by 2033.
Footwear
- U.S. Footwear Market: The U.S. footwear market generated a revenue of USD 94,538.1 million (or approximately $94.54 billion) in 2024. This market is expected to reach USD 117,375.3 million (or approximately $117.38 billion) by 2030.
- North America Footwear Market: The projected revenue of the footwear sector in North America is $100.2 billion in 2023.
Fashion Accessories
- U.S. Fashion Accessories Market: The U.S. fashion accessories market generated a revenue of USD 222,074.1 million (or approximately $222.07 billion) in 2024. It is expected to reach USD 342,988.5 million (or approximately $342.99 billion) by 2030.
- Canada Fashion Accessories Market: The market in Canada is projected to reach USD 32,575.4 million (or approximately $32.58 billion) by 2030.
Home Goods/Home Decor
- Europe Home Decor Market: The Europe home decor market generated a revenue of USD 270,663.0 million (or approximately $270.66 billion) in 2024. It is expected to reach US$ 458,469.8 million (or approximately $458.47 billion) by 2030.
- Europe Home Furnishing Market: The Europe home furnishing market was valued at USD 94 billion in 2024.
Beauty and Wellness Products
- U.S. Beauty and Personal Care Products Market: The United States Beauty and Personal Care Products Market was valued at USD 136.03 billion in 2024. It is expected to expand to USD 195.83 billion by 2033.
- Europe Beauty and Personal Care Products Market: This market is expected to grow from USD 141.03 billion in 2025 to USD 180.32 billion by 2031.
Bridal Wear (for Bhldn)
- Global Bridal Wear Market: The global bridal wear market was valued at USD 70.47 billion in 2024 and is expected to grow to USD 74.35 billion in 2025.
- North America Bridal Wear Market: North America held the largest share of the bridal wear market in 2025. Based on its approximately 38% share of the global market, this implies a market size of around $26.01 billion in 2025.
- Europe Bridal Wear Market: Europe accounted for approximately 30% of the global bridal wear market in 2025, implying a market size of about $20.54 billion. The Europe bridal gown market was valued at US$ 2.7 billion in 2023.
Online Apparel Rental Service (Nuuly)
- Global Online Clothing Rental Market: The global online clothing rental market size was evaluated at $2 billion in 2023. It is slated to hit $7 billion by the end of 2032.
- North America Online Clothing Rental Market: North America contributed about half of the global online clothing rental market size in 2023.
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Urban Outfitters (URBN) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:
- Nuuly's Continued Expansion: Nuuly, Urban Outfitters' subscription-based apparel rental service, has demonstrated significant momentum, consistently exceeding revenue and subscriber growth targets. The company is investing in automation and increased capacity for Nuuly to sustain this rapid expansion and projects substantial future revenue generation from this segment.
- Growth of the Free People Group, particularly FP Movement: The Free People brand, and especially its activewear sub-brand FP Movement, has been a strong performer for Urban Outfitters. This segment has shown significant comparable sales growth and is a key focus for retail expansion, including plans for new store openings and strategic wholesale partnerships.
- Anthropologie Group's Consistent Performance: The Anthropologie Group continues to be a robust contributor to Urban Outfitters' retail segment, consistently delivering strong comparable sales growth across its stores and digital channels.
- Retail Store Optimization and Strategic Expansion: Urban Outfitters is focused on optimizing its physical retail footprint by adjusting the size of its namesake stores for improved efficiency and customer experience. Additionally, the company plans to open new stores, particularly for its high-growth FP Movement brand, and is pursuing international expansion, with Europe identified as a key growth market.
- Digital Innovation and Omnichannel Enhancement: The company is investing in technology and digital channels to enhance the overall customer journey. This includes leveraging data-driven insights and expanding digital offerings to capture a larger market share and drive future sales growth through an integrated online-to-offline shopping experience.
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Share Repurchases
- In fiscal year 2026, Urban Outfitters repurchased approximately 3.3 million shares for $154 million.
- As of January 31, 2026, 14.6 million common shares remained authorized for future repurchase under the program.
- During the twelve months ended January 31, 2025, the company repurchased 1.2 million shares for approximately $52 million.
Share Issuance
- Urban Outfitters' shares outstanding saw a 2.8% decline in fiscal year 2026 from 2025, a 0.13% increase in 2025 from 2024, and a 0.2% increase in 2024 from 2023.
- Cash used in financing activities in fiscal 2024 was primarily for repurchases of common shares from employees to cover payroll tax withholding requirements on vested share-based awards.
- In March 2026, an insider acquired 13,120 common shares through the exercise of performance-based and time-based restricted stock units.
Capital Expenditures
- Capital expenditures for fiscal year 2026 totaled $260.2 million.
- For fiscal year 2027, capital expenditures are planned at $385 million, with approximately 40% allocated to retail store expansion and support, 40% to logistics investments for capacity and automation in both Subscription and Retail segments, and 20% for technology investments and home office expansion.
- Capital expenditures were $182.6 million in fiscal year 2025, $199.6 million in fiscal year 2024, and $199.5 million in fiscal year 2023.
Peer Outperformance in Apparel Retail
URBN has outperformed 92% of its 24 Apparel Retail peers over 5Y. Among the peers that beat it is ANF. Apparel Retail ranks 12th of 23 industries in Consumer Discretionary by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Apparel Retail constituents that URBN has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
70%
of 27 industry peers · 13.5% return
3Y
89%
of 27 industry peers · 149.7% return
5Y
92%
of 24 industry peers · 151.5% return
Apparel Retail peers with revenue growth within 4pp of URBN's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| URBN | Urban Outfitters | 9.2% | 15.0x | 13.5% | 149.7% | 151.5% | — |
| ANF | Abercrombie & Fitch | 12.6% | 13.6x | 60.1% | 172.9% | 330.3% | +179pp |
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Consumer Discretionary sector, ranked by 5Y. Apparel Retail is URBN's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Education Services | 14 | -15.8% | 96.8% | 67.7% | LINC 310% · CVSA 245% · PRDO 227% |
| Homebuilding | 18 | -9.7% | 22.2% | 39.7% | GRBK 188% · PHM 144% · TOL 134% |
| Automotive Retail | 18 | -16.2% | 16.7% | 17.3% | MUSA 233% · PAG 183% · ORLY 125% |
| Hotels, Resorts & Cruise Lines | 22 | 13.3% | 53.0% | 11.0% | RCL 243% · MAR 164% · HLT 156% |
| Home Improvement Retail | 5 | -21.1% | -5.8% | 9.4% | HVT 12% · HD 10% · LOW 9% |
| Specialty Stores | 7 | -4.4% | 33.4% | 6.8% | FIVE 30% · DKS 12% · SIG 9% |
| Distributors | 4 | -7.7% | -22.4% | -5.8% | ARMK 144% · GPC 31% · LKQ -42% |
| Home Furnishings | 4 | -5.3% | 26.1% | -12.2% | SGI 61% · LZB 7% · MHK -31% |
| Specialized Consumer Services | 10 | -11.7% | 36.9% | -14.1% | HRB 125% · FTDR 89% · SCI 40% |
| Restaurants | 34 | -9.9% | -12.5% | -14.5% | EAT 347% · CAKE 166% · RAVE 141% |
| Footwear | 9 | 48.3% | 38.3% | -15.9% | WEYS 161% · DECK 26% · SHOO 23% |
| Apparel Retail ← | 25 | -4.1% | 12.1% | -25.4% | ANF 330% · DXLG 213% · URBN 151% |
| Leisure Products | 13 | -16.0% | -19.5% | -32.5% | GOLF 86% · HAS 14% · MCFT -10% |
| Leisure Facilities | 11 | 2.1% | -10.8% | -33.5% | OSW 126% · JAKK 91% · ESCA 16% |
| Casinos & Gaming | 20 | -11.0% | -23.9% | -34.0% | MCRI 110% · RSI 72% · RRR 55% |
| Automotive Parts & Equipment | 38 | -15.5% | -3.4% | -34.1% | MOD 1479% · GTX 299% · STRT 98% |
| Apparel, Accessories & Luxury Goods | 27 | -3.9% | -7.2% | -39.3% | TPR 242% · RL 238% · ELA 219% |
| Household Appliances | 18 | 10.9% | 42.3% | -43.2% | KEQU 179% · FLXS 164% · HBB 113% |
| Broadline Retail | 14 | 1.6% | 20.5% | -50.4% | DDS 319% · AMZN 49% · EBAY 48% |
| Computer & Electronics Retail | 3 | -14.3% | -0.4% | -60.8% | BBY 0% · UPBD -61% · GME -62% |
| Automobile Manufacturers | 8 | -61.5% | -46.3% | -70.1% | GM 88% · F 55% · TSLA 45% |
| Other Specialty Retail | 18 | -25.1% | -45.4% | -76.6% | TLF 109% · BBW 101% · WINA 78% |
| Consumer Electronics | 11 | 4.5% | -8.9% | -80.7% | AXIL 2336% · GRMN 74% · MSN -56% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 30.59 |
| Mkt Cap | 2.6 |
| Rev LTM | 3,299 |
| Op Inc LTM | 351 |
| FCF LTM | 168 |
| FCF 3Y Avg | 233 |
| CFO LTM | 358 |
| CFO 3Y Avg | 370 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.6% |
| Rev Chg 3Y Avg | 2.4% |
| Rev Chg Q | 7.1% |
| QoQ Delta Rev Chg LTM | 1.6% |
| Op Inc Chg LTM | 29.4% |
| Op Inc Chg 3Y Avg | 28.4% |
| Op Mgn LTM | 8.6% |
| Op Mgn 3Y Avg | 7.8% |
| QoQ Delta Op Mgn LTM | 0.7% |
| CFO/Rev LTM | 8.4% |
| CFO/Rev 3Y Avg | 9.1% |
| FCF/Rev LTM | 3.6% |
| FCF/Rev 3Y Avg | 4.7% |
Segment Financials
Revenue by Segment| $ Mil | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Retail operations | 5,283 | 4,897 | 4,679 | 4,415 | 4,249 |
| Subscription operations | 568 | 378 | 236 | 130 | |
| Wholesale operations | 314 | 276 | 239 | 250 | 268 |
| Intersegment elimination | -15 | ||||
| Nuuly operations | 48 | ||||
| Total | 6,165 | 5,551 | 5,153 | 4,795 | 4,549 |
| $ Mil | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Retail operations | 578 | 475 | 422 | 275 | 449 |
| Wholesale operations | 62 | 55 | 31 | 27 | 33 |
| Subscription operations | 35 | 13 | -17 | -14 | |
| General corporate expenses | -69 | -70 | -67 | -55 | |
| Intersegment elimination | -62 | 2 | |||
| Nuuly operations | -20 | ||||
| Total | 606 | 474 | 370 | 227 | 409 |
| $ Mil | 2026 | 2025 | 2006 | 2005 | 2002 |
|---|---|---|---|---|---|
| Retail operations | 1,922 | 1,754 | |||
| Operating lease right-of-use assets | 1,051 | 943 | |||
| Marketable securities | 789 | 730 | |||
| Cash and cash equivalents | 369 | 290 | |||
| Other assets | 342 | 343 | |||
| Prepaid expenses and other current assets | 194 | 187 | |||
| Subscription operations | 172 | 131 | |||
| Accounts receivable, net of allowance for doubtful accounts | 96 | 74 | |||
| Wholesale operations | 73 | 68 | |||
| Retail | 198 | 192 | 105 | ||
| Wholesale | 2 | 1 | 1 | ||
| Corporate | 0 | ||||
| Total | 5,008 | 4,519 | 199 | 193 | 106 |
Price Behavior
Price Behavior
| Market Price | $80.97 | |
| Market Cap ($ Bil) | 7.1 | |
| First Trading Date | 11/09/1993 | |
| Distance from 52W High | -2.4% | |
| 50 Days | 200 Days | |
| DMA Price | $74.74 | $71.86 |
| DMA Trend | up | up |
| Distance from DMA | 8.3% | 12.7% |
| 3M | 1YR | |
| Volatility | 44.4% | 43.5% |
| Downside Capture | 59.59 | 96.56 |
| Upside Capture | 105.96 | 91.08 |
| Correlation (SPY) | 29.5% | 29.8% |
URBN Betas & Captures as of 8/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.79 | 0.69 | 0.89 | 1.13 | 1.00 | 1.22 |
| Up Beta | 0.07 | -0.88 | -0.05 | 1.18 | 1.31 | 1.37 |
| Down Beta | 6.69 | 3.07 | 1.99 | 1.44 | 0.80 | 1.04 |
| Up Capture | 101% | 115% | 102% | 111% | 94% | 201% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 8 | 20 | 30 | 59 | 118 | 375 |
| Down Capture | -54% | 13% | 58% | 90% | 96% | 104% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 13 | 22 | 34 | 68 | 133 | 373 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with URBN | |
|---|---|---|---|---|
| URBN | 13.5% | 43.5% | 0.41 | - |
| Sector ETF (XLY) | -1.7% | 19.4% | -0.21 | 38.6% |
| Equity (SPY) | 19.7% | 12.8% | 1.13 | 29.2% |
| Gold (GLD) | 24.6% | 29.2% | 0.75 | 4.8% |
| Commodities (DBC) | 44.1% | 20.4% | 1.69 | -21.9% |
| Real Estate (VNQ) | 9.1% | 13.6% | 0.39 | 24.4% |
| Bitcoin (BTCUSD) | -26.9% | 43.8% | -0.59 | 12.3% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with URBN | |
|---|---|---|---|---|
| URBN | 19.6% | 47.1% | 0.53 | - |
| Sector ETF (XLY) | 5.6% | 24.1% | 0.19 | 49.2% |
| Equity (SPY) | 12.8% | 17.2% | 0.57 | 44.0% |
| Gold (GLD) | 19.1% | 18.8% | 0.82 | 2.3% |
| Commodities (DBC) | 10.7% | 19.5% | 0.43 | 3.5% |
| Real Estate (VNQ) | 1.7% | 18.9% | -0.01 | 33.1% |
| Bitcoin (BTCUSD) | 10.6% | 52.6% | 0.38 | 18.2% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with URBN | |
|---|---|---|---|---|
| URBN | 8.7% | 48.8% | 0.35 | - |
| Sector ETF (XLY) | 12.1% | 22.2% | 0.50 | 48.1% |
| Equity (SPY) | 15.3% | 17.9% | 0.72 | 44.0% |
| Gold (GLD) | 12.4% | 16.3% | 0.62 | -0.6% |
| Commodities (DBC) | 7.9% | 18.1% | 0.35 | 13.3% |
| Real Estate (VNQ) | 4.8% | 20.7% | 0.19 | 35.7% |
| Bitcoin (BTCUSD) | 64.0% | 66.2% | 1.04 | 11.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 04/30/2026 | 06/09/2026 | 10-Q |
| 01/31/2026 | 04/01/2026 | 10-K |
| 10/31/2025 | 12/10/2025 | 10-Q |
| 07/31/2025 | 09/09/2025 | 10-Q |
| 04/30/2025 | 06/09/2025 | 10-Q |
| 01/31/2025 | 04/01/2025 | 10-K |
| 10/31/2024 | 12/10/2024 | 10-Q |
| 07/31/2024 | 09/09/2024 | 10-Q |
| 04/30/2024 | 06/10/2024 | 10-Q |
| 01/31/2024 | 04/01/2024 | 10-K |
| 10/31/2023 | 12/11/2023 | 10-Q |
| 07/31/2023 | 09/11/2023 | 10-Q |
| 04/30/2023 | 06/09/2023 | 10-Q |
| 01/31/2023 | 04/03/2023 | 10-K |
| 10/31/2022 | 12/12/2022 | 10-Q |
| 07/31/2022 | 09/09/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 04/30/2026 | 06/09/2026 | 10-Q |
| 01/31/2026 | 04/01/2026 | 10-K |
| 10/31/2025 | 12/10/2025 | 10-Q |
| 07/31/2025 | 09/09/2025 | 10-Q |
| 04/30/2025 | 06/09/2025 | 10-Q |
| 01/31/2025 | 04/01/2025 | 10-K |
| 10/31/2024 | 12/10/2024 | 10-Q |
| 07/31/2024 | 09/09/2024 | 10-Q |
| 04/30/2024 | 06/10/2024 | 10-Q |
| 01/31/2024 | 04/01/2024 | 10-K |
| 10/31/2023 | 12/11/2023 | 10-Q |
| 07/31/2023 | 09/11/2023 | 10-Q |
| 04/30/2023 | 06/09/2023 | 10-Q |
| 01/31/2023 | 04/03/2023 | 10-K |
| 10/31/2022 | 12/12/2022 | 10-Q |
| 07/31/2022 | 09/09/2022 | 10-Q |
| 04/30/2022 | 06/09/2022 | 10-Q |
| 01/31/2022 | 04/01/2022 | 10-K |
| 10/31/2021 | 12/10/2021 | 10-Q |
| 07/31/2021 | 09/09/2021 | 10-Q |
| 04/30/2021 | 06/09/2021 | 10-Q |
| 01/31/2021 | 04/01/2021 | 10-K |
| 10/31/2020 | 12/10/2020 | 10-Q |
| 07/31/2020 | 09/09/2020 | 10-Q |
| 04/30/2020 | 06/30/2020 | 10-Q |
| 01/31/2020 | 03/31/2020 | 10-K |
| 10/31/2019 | 12/10/2019 | 10-Q |
| 07/31/2019 | 09/09/2019 | 10-Q |
Insider Activity
Updated 9/3/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Egan, Mary | Direct | Sell | 9032026 | 78.48 | 650 | 51,012 | 1,232,136 | Form | |
| 2 | Hayne, Azeez | Chief Administrative Officer | Direct | Sell | 5262026 | 73.18 | 8,733 | Form | ||
| 3 | Marein-Efron, Melanie | Chief Financial Officer | Direct | Sell | 5262026 | 73.42 | 5,036 | 369,743 | 1,249,829 | Form |
| 4 | Conforti, Frank | Co-President & COO | Direct | Sell | 5262026 | 73.19 | 9,391 | 687,290 | 5,247,290 | Form |
| 5 | Hayne, Azeez | Chief Administrative Officer | Direct | Sell | 3132026 | 66.00 | 5,720 | 377,520 | 576,378 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Egan, Mary | Direct | Sell | 9032026 | 78.48 | 650 | 51,012 | 1,232,136 | Form | |
| 2 | Hayne, Azeez | Chief Administrative Officer | Direct | Sell | 5262026 | 73.18 | 8,733 | Form | ||
| 3 | Marein-Efron, Melanie | Chief Financial Officer | Direct | Sell | 5262026 | 73.42 | 5,036 | 369,743 | 1,249,829 | Form |
| 4 | Conforti, Frank | Co-President & COO | Direct | Sell | 5262026 | 73.19 | 9,391 | 687,290 | 5,247,290 | Form |
| 5 | Hayne, Azeez | Chief Administrative Officer | Direct | Sell | 3132026 | 66.00 | 5,720 | 377,520 | 576,378 | Form |
| 6 | Smith, Tricia D | Global CEO Anthropologie Group | Direct | Sell | 3032026 | 64.81 | 5,000 | 324,075 | 329,066 | Form |
| 7 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 2232026 | 70.50 | 9,333 | 657,936 | 136,328,762 | Form |
| 8 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 2232026 | 70.50 | 10,667 | 751,978 | 1,230,107,448 | Form |
| 9 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 2232026 | 70.50 | 9,333 | 657,936 | 136,328,762 | Form |
| 10 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 2232026 | 70.10 | 2,185 | 153,171 | 136,219,702 | Form |
| 11 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 2232026 | 70.10 | 2,497 | 175,042 | 1,223,967,105 | Form |
| 12 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 2232026 | 70.10 | 2,185 | 153,171 | 136,219,702 | Form |
| 13 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 2192026 | 70.90 | 9,333 | 661,719 | 137,929,084 | Form |
| 14 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 2192026 | 70.90 | 10,667 | 756,301 | 1,238,111,527 | Form |
| 15 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 2192026 | 70.90 | 9,333 | 661,719 | 137,929,084 | Form |
| 16 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 2192026 | 70.20 | 9,333 | 655,204 | 137,226,280 | Form |
| 17 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 2192026 | 70.20 | 10,667 | 748,856 | 1,226,673,613 | Form |
| 18 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 2192026 | 70.20 | 9,333 | 655,204 | 137,226,280 | Form |
| 19 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 2172026 | 70.51 | 9,333 | 658,060 | 138,482,708 | Form |
| 20 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 2172026 | 70.51 | 10,667 | 752,120 | 1,232,771,106 | Form |
| 21 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 2172026 | 70.51 | 9,333 | 658,060 | 138,482,708 | Form |
| 22 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 2172026 | 70.61 | 5,241 | 370,048 | 139,333,026 | Form |
| 23 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 2172026 | 70.61 | 5,992 | 423,075 | 1,235,231,350 | Form |
| 24 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 2172026 | 70.61 | 5,241 | 370,048 | 139,333,026 | Form |
| 25 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 2122026 | 70.93 | 9,333 | 661,958 | 140,336,611 | Form |
| 26 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 2122026 | 70.93 | 10,667 | 756,575 | 1,241,255,814 | Form |
| 27 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 2122026 | 70.93 | 9,333 | 661,958 | 140,336,611 | Form |
| 28 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 2122026 | 71.13 | 9,333 | 663,835 | 141,398,312 | Form |
| 29 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 2122026 | 71.13 | 10,667 | 758,719 | 1,245,532,475 | Form |
| 30 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 2122026 | 71.13 | 9,333 | 663,835 | 141,398,312 | Form |
| 31 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 2102026 | 71.32 | 9,333 | 665,628 | 142,445,911 | Form |
| 32 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 2102026 | 71.32 | 10,667 | 760,770 | 1,249,660,159 | Form |
| 33 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 2102026 | 71.32 | 9,333 | 665,628 | 142,445,911 | Form |
| 34 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 2102026 | 71.91 | 9,333 | 671,161 | 144,301,111 | Form |
| 35 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 2102026 | 71.91 | 10,667 | 767,092 | 1,260,811,989 | Form |
| 36 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 2102026 | 71.91 | 9,333 | 671,161 | 144,301,111 | Form |
| 37 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 2062026 | 71.66 | 9,333 | 668,802 | 144,462,800 | Form |
| 38 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 2062026 | 71.66 | 10,667 | 764,399 | 1,257,149,047 | Form |
| 39 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 2062026 | 71.66 | 9,333 | 668,802 | 144,462,800 | Form |
| 40 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 2062026 | 73.43 | 9,333 | 685,328 | 148,717,665 | Form |
| 41 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 2062026 | 73.43 | 10,667 | 783,283 | 1,288,989,640 | Form |
| 42 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 2062026 | 73.43 | 9,333 | 685,328 | 148,717,665 | Form |
| 43 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 2042026 | 72.38 | 9,333 | 675,540 | 147,269,300 | Form |
| 44 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 2042026 | 72.38 | 10,667 | 772,098 | 1,271,355,138 | Form |
| 45 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 2042026 | 72.38 | 9,333 | 675,540 | 147,269,300 | Form |
| 46 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 2042026 | 71.36 | 9,333 | 665,991 | 145,853,528 | Form |
| 47 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 2042026 | 71.36 | 10,667 | 761,183 | 1,254,144,241 | Form |
| 48 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 2042026 | 71.36 | 9,333 | 665,991 | 145,853,528 | Form |
| 49 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 2022026 | 70.34 | 9,333 | 656,465 | 144,423,679 | Form |
| 50 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 2022026 | 70.34 | 10,667 | 750,295 | 1,236,955,487 | Form |
| 51 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 2022026 | 70.34 | 9,333 | 656,465 | 144,423,679 | Form |
| 52 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 2022026 | 70.03 | 8,750 | 612,754 | 144,442,796 | Form |
| 53 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 2022026 | 70.03 | 10,003 | 700,500 | 1,232,268,450 | Form |
| 54 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 2022026 | 70.03 | 8,750 | 612,754 | 144,442,796 | Form |
| 55 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 1292026 | 70.05 | 2,890 | 202,436 | 145,092,834 | Form |
| 56 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 1292026 | 70.05 | 3,304 | 231,435 | 1,233,285,868 | Form |
| 57 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 1292026 | 70.05 | 2,890 | 202,436 | 145,092,834 | Form |
| 58 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 1292026 | 70.00 | 1,814 | 126,980 | 145,197,780 | Form |
| 59 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 1292026 | 70.00 | 2,074 | 145,180 | 1,232,689,640 | Form |
| 60 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 1292026 | 70.00 | 1,814 | 126,980 | 145,197,780 | Form |
| 61 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 1262026 | 71.17 | 9,333 | 664,222 | 147,752,006 | Form |
| 62 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 1262026 | 71.17 | 10,667 | 759,161 | 1,253,425,174 | Form |
| 63 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 1262026 | 71.17 | 9,333 | 664,222 | 147,752,006 | Form |
| 64 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 1222026 | 70.58 | 9,333 | 658,683 | 147,178,665 | Form |
| 65 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 1222026 | 70.58 | 10,667 | 752,832 | 1,243,728,271 | Form |
| 66 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 1222026 | 70.58 | 9,333 | 658,683 | 147,178,665 | Form |
| 67 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 1222026 | 70.46 | 9,333 | 657,613 | 147,597,086 | Form |
| 68 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 1222026 | 70.46 | 10,667 | 751,609 | 1,242,459,646 | Form |
| 69 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 1222026 | 70.46 | 9,333 | 657,613 | 147,597,086 | Form |
| 70 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 1202026 | 70.20 | 9,333 | 655,195 | 147,709,712 | Form |
| 71 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 1202026 | 70.20 | 10,667 | 748,845 | 1,238,638,963 | Form |
| 72 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 1202026 | 70.20 | 9,333 | 655,195 | 147,709,712 | Form |
| 73 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 1202026 | 70.07 | 9,333 | 653,982 | 148,090,165 | Form |
| 74 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 1202026 | 70.07 | 10,667 | 747,458 | 1,237,092,711 | Form |
| 75 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 1202026 | 70.07 | 9,333 | 653,982 | 148,090,165 | Form |
| 76 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 1132026 | 74.35 | 9,333 | 693,873 | 159,204,836 | Form |
| 77 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 1132026 | 74.35 | 10,667 | 793,051 | 1,314,931,437 | Form |
| 78 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 1132026 | 74.35 | 9,333 | 693,873 | 159,204,836 | Form |
| 79 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 1132026 | 81.82 | 9,333 | 763,592 | 175,964,969 | Form |
| 80 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 1132026 | 81.82 | 10,667 | 872,732 | 1,447,920,454 | Form |
| 81 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 1132026 | 81.82 | 9,333 | 763,592 | 175,964,969 | Form |
| 82 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 1072026 | 79.44 | 9,333 | 741,376 | 173,069,703 | Form |
| 83 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 1072026 | 79.44 | 10,667 | 847,346 | 1,408,345,716 | Form |
| 84 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 1072026 | 79.44 | 9,333 | 741,376 | 173,069,703 | Form |
| 85 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 1072026 | 76.57 | 9,333 | 714,664 | 167,548,432 | Form |
| 86 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 1072026 | 76.57 | 10,667 | 816,813 | 1,358,414,797 | Form |
| 87 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 1072026 | 76.57 | 9,333 | 714,664 | 167,548,432 | Form |
| 88 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 1052026 | 74.94 | 9,333 | 699,389 | 164,666,688 | Form |
| 89 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 1052026 | 74.94 | 10,667 | 799,354 | 1,330,178,829 | Form |
| 90 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 1052026 | 74.94 | 9,333 | 699,389 | 164,666,688 | Form |
| 91 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 1052026 | 75.64 | 9,333 | 705,979 | 166,924,388 | Form |
| 92 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 1052026 | 75.64 | 10,667 | 806,887 | 1,343,521,037 | Form |
| 93 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 1052026 | 75.64 | 9,333 | 705,979 | 166,924,388 | Form |
| 94 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12312025 | 74.99 | 9,333 | 699,841 | 166,172,933 | Form |
| 95 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12312025 | 74.99 | 10,667 | 799,873 | 1,332,641,066 | Form |
| 96 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12312025 | 74.99 | 9,333 | 699,841 | 166,172,933 | Form |
| 97 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12312025 | 76.28 | 9,333 | 711,883 | 169,743,979 | Form |
| 98 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12312025 | 76.28 | 10,667 | 813,635 | 1,356,383,728 | Form |
| 99 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12312025 | 76.28 | 9,333 | 711,883 | 169,743,979 | Form |
| 100 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12292025 | 76.57 | 9,333 | 714,659 | 171,120,768 | Form |
| 101 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12292025 | 76.57 | 10,667 | 816,809 | 1,362,491,856 | Form |
| 102 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12292025 | 76.57 | 9,333 | 714,659 | 171,120,768 | Form |
| 103 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12292025 | 77.68 | 9,333 | 725,009 | 174,324,038 | Form |
| 104 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12292025 | 77.68 | 10,667 | 828,638 | 1,383,051,997 | Form |
| 105 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12292025 | 77.68 | 9,333 | 725,009 | 174,324,038 | Form |
| 106 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12292025 | 78.15 | 9,333 | 729,374 | 176,102,818 | Form |
| 107 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12292025 | 78.15 | 10,667 | 833,625 | 1,392,209,487 | Form |
| 108 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12292025 | 78.15 | 9,333 | 729,374 | 176,102,818 | Form |
| 109 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12232025 | 80.38 | 9,333 | 750,201 | 181,881,588 | Form |
| 110 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12232025 | 80.38 | 10,667 | 857,431 | 1,432,823,988 | Form |
| 111 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12232025 | 80.38 | 9,333 | 750,201 | 181,881,588 | Form |
| 112 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12232025 | 81.14 | 9,333 | 757,302 | 184,360,537 | Form |
| 113 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12232025 | 81.14 | 10,667 | 865,547 | 1,447,251,328 | Form |
| 114 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12232025 | 81.14 | 9,333 | 757,302 | 184,360,537 | Form |
| 115 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12192025 | 81.90 | 9,333 | 764,404 | 186,853,791 | Form |
| 116 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12192025 | 81.90 | 10,667 | 873,663 | 1,461,696,727 | Form |
| 117 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12192025 | 81.90 | 9,333 | 764,404 | 186,853,791 | Form |
| 118 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12192025 | 82.53 | 9,333 | 770,253 | 189,053,746 | Form |
| 119 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12192025 | 82.53 | 10,667 | 880,348 | 1,473,760,935 | Form |
| 120 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12192025 | 82.53 | 9,333 | 770,253 | 189,053,746 | Form |
| 121 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12172025 | 81.61 | 9,333 | 761,672 | 187,709,392 | Form |
| 122 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12172025 | 81.61 | 10,667 | 870,542 | 1,458,215,781 | Form |
| 123 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12172025 | 81.61 | 9,333 | 761,672 | 187,709,392 | Form |
| 124 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12172025 | 83.18 | 9,333 | 776,319 | 192,095,333 | Form |
| 125 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12172025 | 83.18 | 10,667 | 887,282 | 1,487,143,721 | Form |
| 126 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12172025 | 83.18 | 9,333 | 776,319 | 192,095,333 | Form |
| 127 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12152025 | 82.66 | 9,333 | 771,433 | 191,657,845 | Form |
| 128 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12152025 | 82.66 | 10,667 | 881,697 | 1,478,664,642 | Form |
| 129 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12152025 | 82.66 | 9,333 | 771,433 | 191,657,845 | Form |
| 130 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12152025 | 80.88 | 9,333 | 754,859 | 188,294,850 | Form |
| 131 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12152025 | 80.88 | 10,667 | 862,753 | 1,447,757,454 | Form |
| 132 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12152025 | 80.88 | 9,333 | 754,859 | 188,294,850 | Form |
| 133 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12112025 | 78.36 | 9,333 | 731,316 | 183,153,522 | Form |
| 134 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12112025 | 21165.33 | 10,667 | 225,770,600 | 379,083,843,253 | Form |
| 135 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12112025 | 78.36 | 9,333 | 731,316 | 183,153,522 | Form |
| 136 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12112025 | 76.47 | 9,333 | 713,674 | 179,449,025 | Form |
| 137 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12112025 | 76.47 | 10,667 | 815,680 | 1,370,397,088 | Form |
| 138 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12112025 | 76.47 | 9,333 | 713,674 | 179,449,025 | Form |
| 139 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12092025 | 76.03 | 9,333 | 709,613 | 179,137,388 | Form |
| 140 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12092025 | 76.03 | 10,667 | 811,040 | 1,363,411,528 | Form |
| 141 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12092025 | 76.03 | 9,333 | 709,613 | 179,137,388 | Form |
| 142 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12092025 | 76.61 | 9,333 | 715,009 | 181,214,677 | Form |
| 143 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12092025 | 76.61 | 10,667 | 817,209 | 1,374,599,377 | Form |
| 144 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12092025 | 76.61 | 9,333 | 715,009 | 181,214,677 | Form |
| 145 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12052025 | 76.92 | 9,333 | 717,890 | 182,662,731 | Form |
| 146 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12052025 | 76.92 | 10,667 | 820,499 | 1,380,954,787 | Form |
| 147 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12052025 | 76.92 | 9,333 | 717,890 | 182,662,731 | Form |
| 148 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12052025 | 78.95 | 9,333 | 736,876 | 188,230,508 | Form |
| 149 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12052025 | 78.95 | 10,667 | 842,204 | 1,418,328,191 | Form |
| 150 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12052025 | 78.95 | 9,333 | 736,876 | 188,230,508 | Form |
| 151 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12032025 | 77.95 | 9,333 | 727,533 | 186,571,215 | Form |
| 152 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12032025 | 77.95 | 10,667 | 831,523 | 1,401,171,109 | Form |
| 153 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12032025 | 77.95 | 9,333 | 727,533 | 186,571,215 | Form |
| 154 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12032025 | 73.97 | 9,333 | 690,383 | 177,734,700 | Form |
| 155 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12032025 | 73.97 | 10,667 | 789,063 | 1,330,412,649 | Form |
| 156 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12032025 | 73.97 | 9,333 | 690,383 | 177,734,700 | Form |
| 157 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12012025 | 74.94 | 9,333 | 699,399 | 180,755,291 | Form |
| 158 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12012025 | 74.94 | 10,667 | 799,365 | 1,348,582,251 | Form |
| 159 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12012025 | 74.94 | 9,333 | 699,399 | 180,755,291 | Form |
| 160 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 12012025 | 75.32 | 9,333 | 702,923 | 182,369,077 | Form |
| 161 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 12012025 | 75.32 | 10,667 | 803,393 | 1,356,180,923 | Form |
| 162 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 12012025 | 75.32 | 9,333 | 702,923 | 182,369,077 | Form |
| 163 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 10142025 | 70.11 | 10,667 | 747,863 | 1,263,190,940 | Form |
| 164 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 10142025 | 70.11 | 9,333 | 654,337 | 170,417,919 | Form |
| 165 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 10142025 | 70.11 | 9,333 | 654,337 | 170,417,919 | Form |
| 166 | Hayne, Richard A | CEO & Chairman of the Board | Direct | Sell | 10142025 | 70.46 | 10,667 | 751,597 | 1,270,248,582 | Form |
| 167 | Hayne, Richard A | CEO & Chairman of the Board | Spouse as Trustee | Sell | 10142025 | 70.46 | 9,333 | 657,603 | 171,926,275 | Form |
| 168 | Hayne, Margaret | Co-President & CCO | Trust | Sell | 10142025 | 70.46 | 9,333 | 657,603 | 171,926,275 | Form |
| 169 | Smith, Tricia D | Global CEO Anthropologie Group | Direct | Sell | 10082025 | 69.77 | 3,400 | 237,204 | 703,032 | Form |
| 170 | Egan, Mary | Direct | Sell | 9112025 | 70.12 | 1,000 | 70,120 | 999,210 | Form |
Investor Activity (13F)
Updated Sep 5, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
Urban Outfitters — Investor Video Playlist
Investor / Analyst
URBAN OUTFITTERS INC Q2 FY26 Earnings Call | Full Recording | URBN
Investor / Analyst
Urban Outfitters Q3 FY26 Earnings: Record EPS, Nuuly Growth & Margin Expansion
Investor / Analyst
Urban Outfitters Financial Health & Growth Drivers URBN $URBN #URBN #finance #stockmarket #investing
Products & Services
Introducing @925originals a new wave of American sportswear, now available at UO
Products & Services
"The sweatpants are such a cool unique twist on a classic staple" 🌐
Industry Resources
| Consumer Discretionary Resources |
| Retail Dive |
| Business of Fashion (BoF) |
| WWD (Women's Wear Daily) |
| National Retail Federation (NRF) |
| McKinsey & Company - Consumer |
| Mintel Consumer Trends |
| Apparel Retail Resources |
| Apparel News |
| Just Style |
| Sourcing Journal |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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Core Cache Last Updated: 9/4/2026