Urban Outfitters' holiday net sales improve 3.6 percent

Urban Outfitters, Inc. reported that net sales for the two months ended December 31, 2017, increased 3.6 percent over the same period last year. The company said, comparable retail segment net sales increased 2 percent, driven by strong, double-digit growth in the direct-to-consumer channel, partially offset by negative retail store sales. By brand, comparable retail segment net sales increased 5 percent at Free People, 2 percent at the Anthropologie Group and 1 percent at Urban Outfitters. Wholesale segment net sales increased 6.8 percent.