Q1 Income, Direct Sales Rise at Urban Outfitters

Share this content:
Net income at Urban Outfitters Inc., Philadelphia, for the first quarter ended April 30 rose 34 percent to $6.4 million from $4.8 million for the year-ago period, the company said yesterday.


Net sales in the quarter were $107 million, up 14 percent from the year-ago quarter. Of the $12.9 million uptick, $9.1 million came from sales at non-comparable and new stores. Comparable-store sales increased $1.5 million, or 2 percent.


Direct-to-consumer sales were $9.53 million, up from $7.08 million last year.


Dell Computer, Round Rock, TX, posted its best fiscal first-quarter operating results as net earnings totaled $598 million, up from $457 million for the same period last year. Revenue totaled $9.5 billion, up 18 percent from $8.1 billion. First-quarter operating profit as a percent of revenue was 8.5 percent, its highest in 2.5 years, while operating expenses were a record-low 9.8 percent of revenue, down from 9.9 percent last year.
This article is part of the DMNPolitics site, in partnership with Fluent. Click on the footer to see all of our content about the 2016 Election

Loading links....
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Latest Jobs:

Featured Listings