Urban Outfitters Files 2024 10-K, Details Financials

TL;DR

URBN 10-K filed: FY24 financials out, shows retail/wholesale ops, debt, and investments. #URBN

AI Summary

Urban Outfitters Inc. filed its 10-K for the fiscal year ending January 31, 2024. The company reported on its retail and wholesale operations, including brands like Urban Outfitters. Key financial instruments mentioned include long-term marketable investments in corporate debt securities and a revolving credit facility with JPMorgan Chase Bank, N.A. The filing covers financial data and business operations for the fiscal years 2022, 2023, and 2024.

Why It Matters

This filing provides investors with a comprehensive overview of Urban Outfitters' financial health, operational performance, and strategic positioning for the past fiscal year.

Risk Assessment

Risk Level: medium — The filing is a standard annual report and does not indicate any immediate or unusual risks.

Key Numbers

• 01-31-2024 — Fiscal Year End (The end date for the reporting period.)
• 2024 — Filing Year (The year the 10-K was filed.)
• 2023 — Previous Fiscal Year (The prior fiscal year for comparison.)
• 2022 — Two Years Prior Fiscal Year (The fiscal year two years prior for comparison.)

Key Players & Entities

• Urban Outfitters Inc. (company) — Filer of the 10-K
• January 31, 2024 (date) — Fiscal year end
• JPMorgan Chase Bank, N.A. (company) — Lender under the Third Amended Credit Agreement
• Philadelphia, PA (location) — Company headquarters and mailing address
• 5000 South Broad Street (address) — Company business and mailing street address

FAQ

From the Filing

0000950170-24-039320.txt : 20240401 0000950170-24-039320.hdr.sgml : 20240401 20240401161045 ACCESSION NUMBER: 0000950170-24-039320 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 99 CONFORMED PERIOD OF REPORT: 20240131 FILED AS OF DATE: 20240401 DATE AS OF CHANGE: 20240401 FILER: COMPANY DATA: COMPANY CONFORMED NAME: URBAN OUTFITTERS INC CENTRAL INDEX KEY: 0000912615 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 232003332 STATE OF INCORPORATION: PA FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22754 FILM NUMBER: 24809310 BUSINESS ADDRESS: STREET 1: 5000 SOUTH BROAD STREET CITY: PHILADELPHIA STATE: PA ZIP: 19112 BUSINESS PHONE: 2154545500 MAIL ADDRESS: STREET 1: 5000 SOUTH BROAD STREET CITY: PHILADELPHIA STATE: PA ZIP: 19112 10-K 1 urbn-20240131.htm 10-K 10-K P2Y P4Y P7Y P2Y P4Y FY 0000912615 --01-31 true false Yes three year 0000912615 urbn:LongTermMarketableInvestmentsMember us-gaap:CorporateDebtSecuritiesMember 2024-01-31 0000912615 urbn:OtherMember urbn:WholesaleOperationsMember 2022-02-01 2023-01-31 0000912615 us-gaap:OperatingSegmentsMember urbn:RetailOperationsMember 2021-02-01 2022-01-31 0000912615 us-gaap:RevolvingCreditFacilityMember urbn:JpmorganChaseBankNAMember urbn:ThirdAmendedCreditAgreementMember 2023-02-01 2024-01-31 0000912615 urbn:CorporateBondsMember 2024-01-31 0000912615 us-gaap:CommonStockMember 2023-02-01 2024-01-31 0000912615 urbn:LongTermMarketableInvestmentsMember us-gaap:CorporateDebtSecuritiesMember 2023-01-31 0000912615 urbn:WholesaleOperationsMember 2022-02-01 2023-01-31 0000912615 urbn:AccessoriesMember urbn:WholesaleOperationsMember 2022-02-01 2023-01-31 0000912615 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2023-01-31 0000912615 urbn:RetailOperationsMember urbn:UrbanOutfittersMember 2024-01-31 0000912615 us-gaap:IntersegmentEliminationMember 2022-02-01 2023-01-31 0000912615 us-gaap:OperatingSegmentsMember 2022-02-01 2023-01-31 0000912615 country:US 2023-01-31 0000912615 us-gaap:CommonStockMember 2024-01-31 0000912615 us-gaap:AdditionalPaidInCapitalMember 2021-01-31 0000912615 us-gaap:USTreasurySecuritiesMember urbn:ShortTermMarketableInvestmentsMember 2023-01-31 0000912615 us-gaap:StateAndLocalJurisdictionMember 2024-01-31 0000912615 us-gaap:GeographicDistributionForeignMember 2023-02-01 2024-01-31 0000912615 us-gaap:FairValueMeasurementsRecurringMember urbn:FederalGovernmentAgenciesMember 2023-01-31 0000912615 us-gaap:OperatingSegmentsMember urbn:WholesaleOperationsMember 2022-02-01 2023-01-31 0000912615 srt:MinimumMember us-gaap:EquipmentMember 2024-01-31 0000912615 2022-02-01 2023-01-31 0000912615 urbn:ShortTermMarketableInvestmentsMember urbn:MunicipalAndPreRefundedMunicipalBondsMember 2024-01-31 0000912615 us-gaap:PerformanceSharesMember 2023-02-01 2024-01-31 0000912615 us-gaap:RetainedEarningsMember 2023-02-01 2024-01-31 0000912615 us-gaap:PerformanceSharesMember 2023-01-31 0000912615 urbn:MunicipalAndPreFundedMunicipalBondsMember us-gaap:FairValueMeasurementsRecurringMember 2024-01-31 0000912615 urbn:AbandonmentMember 2024-01-31 0000912615 us-gaap:EmployeeStockOptionMember 2022-02-01 2023-01-31 0000912615 urbn:RetailOperationsMember 2021-02-01 2022-01-31 0000912615 us-gaap:AdditionalPaidInCapitalMember 2021-02-01 2022-01-31 0000912615 us-gaap:RevolvingCreditFacilityMember urbn:JpmorganChaseBankNAMember urbn:ThirdAmendedCreditAgreementMember 2023-02-10 2023-02-10 0000912615 2024-01-31 0000912615 country:CA 2023-01-31 0000912615 urbn:RetailOperationsMember urbn:FreePeopleMember 2024-01-31 0000912615 srt:MaximumMember us-gaap:EquipmentMember 2024-01-31 0000912615 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2022-01-31 0000912615 us-gaap:CommercialPaperMember us-gaap:FairValueMeasurementsRecurringMember 2023-01-31 0000912615 us-gaap:MutualFundMember us-gaap:FairValueMeasurements