Profit Up 45 Percent at Urban Outfitters

Share this article:
Urban Outfitters' profits soared 45 percent in its fourth quarter, the company said yesterday.


The youth-oriented specialty clothing and accessories retailer reported net income of $8.4 million for Q4, which ended Jan. 31, versus $5.8 million a year ago. Sales were up 13 percent to $117.6 million from $103.9 million. Direct-to-consumer sales increased 18 percent to $9.37 million for the quarter.


For the year, Urban Outfitters' net income skyrocketed 83 percent to $27.4 million compared to $15 million last year. DTC sales increased 28 percent to $31.75 million for the year.


The company has 53 Urban Outfitters stores and 39 Anthropologie stores.


Share this article:
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Wine.com Uncorks New Digital Marketing Opportunities

Wine.com Uncorks New Digital Marketing Opportunities

The online wine retailer's strategy incorporates different flavors and depths.

93% of Companies Are Ineffective at Cross-Channel Marketing

93% of Companies Are Ineffective at Cross-Channel Marketing ...

Companies point to a lack of resources as the most common reason for lackluster marketing integration, a study says.

Metal Mulisha Races Towards Customization

Metal Mulisha Races Towards Customization

The motocross apparel company boosts mobile and Web conversions through product recommendations and personalized search.