Urban Outfitters Sales Rise 50% in Q4

Share this content:
Urban Outfitters Inc., owner of brands under its own name and Anthropologie and Free People, yesterday reported a 50 percent year-to-year increase in fourth-quarter net sales to $176.1 million.


Fourth-quarter net income at the Philadelphia retailer also rose 120 percent to $18.4 million compared with the same three months last year.


The improvements resulted from several increases: 110 percent in direct sales, 29 percent in wholesale sales, 23 percent in the number of new stores and 21 percent in total company comparable-store sales.


Comp-store sales, for stores open at least a year, at Anthropologie rose 22 percent and Urban Outfitters 21 percent compared with 5 percent and 3 percent increases in the same quarter last fiscal 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....

Sign up to our newsletters

Latest Jobs:

Featured Listings