Urban Outfitters Sales Up 21% for Quarter

Share this content:
Urban Outfitters Inc., Philadelphia, said yesterday that total company sales for the quarter ended Jan. 31 increased 21 percent to $103.8 million from $85.6 million in the comparable quarter of the previous fiscal year.

Comparable-store sales rose 8 percent in the quarter while direct-to-consumer sales increased 3 percent. Wholesale sales fell 31 percent, primarily because of reduced fall and holiday shipments.

Sales for the 12 months ended Jan. 31 increased 18 percent to $348.9 million from $295.3 million in the same 12 months of the previous fiscal year.

Comparable-store sales for fiscal year 2002 increased 3 percent. Direct-to-consumer sales increased 14 percent for the year while wholesale sales fell 11 percent.

Net sales included -- for the three months ended Jan. 31 -- a direct response (catalog and Web sites) total of $7.877 million, compared with $7.631 million in the same period for the previous year. The corresponding numbers for the 12-month periods that ended Jan. 31 include $24.768 million (2002) and $21.666 million (2001).

Loading links....

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

We recently were named B2B Magazine's Direct Marketing Agency of the Year, and with good reason: We make real, measureable, positive change happen for our clients. A full-service agency founded in 1974, Bader Rutter expertly helps you get the right message to the right audience at the right time through the right channels. As we engage our clients' audiences along their journey, direct marketing (email, direct mail, phone, SMS) and behavioral marketing (SEM, retargeting, contextual) channels deliver information relevant to the needs of each stage. We are experts at implementing and leveraging marketing technologies such as CRM and marketing automation in order to synchronize sales and marketing communications. Our team of architects and activators plan, execute, measure and adjust in real time to ensure the strategy is working as needed and change things if it's not.

Find out more here »

DMN's Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here