Urban Outfitters, Inc. (NASDAQ:URBN) Q3 2024 Earnings Call Transcript

I think there’s an opportunity to continue to draft off what we’ve been — a lot of the good work we’ve been doing. We do — we don’t draft off the other brands like you were suggesting really at all from a marketing standpoint. What I would say is we draft off the other brands very much from a product standpoint, and that’s a huge benefit of the platform. We have the luxury of working with some sister brands that produce amazing product that customers would love to rent and do love to rent. So I think that is a huge customer acquisition source that we have that is a big benefit for us. The fact that Anthropologie and Free People and Free-est product is on our platform, it’s just something that is also an attractive thing that brings in new customers.

So I think all of that combined has been one of the big reasons for the success so far.

Richard Hayne: Okay. I think that wraps up today’s call. I thank you all very much for joining I wish you all of the most joyous Thanksgiving. Don’t overeat because Black Friday’s the next day, and we all have to be out in stores. Okay. Thank you very much.

Operator: Ladies and gentlemen, this concludes today’s conference call. Thank you for your participation. You may now disconnect.