Q1 Income, Direct Sales Rise at Urban Outfitters

Share this article:
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.
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

Generating Loyalty for Brands and Retailers in an Omnichannel World

Generating Loyalty for Brands and Retailers in an ...

Harnessing personas, loyalty programs, and new technologies can help marketers better connect with customers.

News Byte: Salesforce Forms Unit to Focus on Verticals

News Byte: Salesforce Forms Unit to Focus on ...

The industries business unit, led by ex-White House CIO Vivek Kundra, will serve six industry groupings.

Columbia U. Puts the "Do" in "Donation"

Columbia U. Puts the "Do" in "Donation"

Columbia University raises nearly $7 million in donations in just 24 hours with a combination of social media, live events, and gamification.