Free People news and archive

Urban Outfitters posts Q2 sales and profit growth

Urban Outfitters' net income increased to 117.5 million dollars and earnings per diluted share to 1.24 dollars for the second quarter. Net sales for the quarter increased 6.3 percent to 1.35 billion dollars with retail segment net sales increase of 3.1 percent and comparable retail segment net sales increasing 2 percent. The company’s net income...

Business

Urban Outfitters Q1 comparable sales up 4.6 percent

Urban Outfitters reported first quarter net income of 61.8 million dollars and earnings per diluted share of 65 cents, while adjusted net income was 65.5 million dollars and adjusted earnings per diluted share were 69 cents. Net sales for the quarter increased 7.8 percent to 1.20 billion dollars with retail segment net sales increase of 5.8...

Fashion

Dr. Scholl's collaborates with Free People

American heritage footwear brand Dr. Scholl’s Shoes has unveiled a collaboration with fashion brand Free People as part of its yearlong 100th anniversary celebrations. Free People has reimagined two of Dr. Scholl’s iconic Original Sandals ahead of the festival season to showcase “personality and self-expression” and to complement its spring...

BusinessFeatured

Anthropologie, Free People brands drive Q4 growth at Urban Outfitters

Urban Outfitters announced net income of 47.8 million dollars and earnings per diluted share of 50 cents for the fourth quarter. The company said in a release that adjusted net income reached 65.7 million dollars and adjusted earnings per diluted share were 69 cents for the quarter under review. Total net sales for the fourth quarter increased...

BusinessFeatured

Urban Outfitters sales jump, appoints president of North America

Urban Outfitters net sales for the two months ended December 31, 2023, increased 10 percent, while retail segment net sales increased 8 percent, with comparable retail segment net sales increasing 6 percent. For the eleven months ended December 31, 2023, net sales increased 8 percent, retail segment net sales increased 6 percent and comparable...

BusinessFeatured

Urban Outfitters delivers robust earnings growth

Urban Outfitters reported third quarter net income of 83 million dollars and earnings per diluted share of 88 cents. For the nine month period, net income was 239.9 million dollars and earnings per diluted share were 2.55 dollars. Total company net sales for the quarter increased 9 percent to 1.28 billion dollars, while for the nine months, net...

BusinessFeatured

Urban Outfitters reports strong growth in Q2 earnings

Urban Outfitters, Inc. reported net income of 104.1 million dollars and earnings per diluted share of 1.10 dollars for the second quarter. For the six months, net income was 156.9 million dollars and earnings per diluted share were 1.67 dollars. “We are proud to report record second quarter sales that helped drive a 72 percent increase in EPS,”...

Business

Urban Outfitters Q1 comparable sales increase by 5 percent

Urban Outfitters, Inc. announced net income of 53 million dollars and earnings per diluted share of 56 cents for the first quarter. The company said in a statement that net sales for the period increased 5.9 percent to 1.11 billion dollars. Retail segment net sales increased 4 percent, with comparable retail segment net sales increasing 5...

BusinessFeatured

Urban Outfitters reports Q4 sales increase, earnings drop

Urban Outfitters, Inc. reported net income of 31.5 million dollars and earnings per diluted share of 34 cents for the fourth quarter. For the year ended January 31, 2023, net income was 159.7 million dollars and earnings per diluted share were 1.70 dollars. Total net sales for the quarter increased 3.9 percent to 1.38 billion dollars, while...

BusinessFeatured

Urban Outfitters holiday sales increase 2.3 percent

Urban Outfitters, Inc. net sales for the two months ended December 31, 2022 increased 2.3 percent compared to the same period ended December 31, 2021. Total retail segment net sales increased 1 percent, with comparable retail segment net sales increasing 2 percent, partially offset by a 1 percent negative impact of foreign currency translation....

Business

Urban Outfitters Q3 comparable sales increase

Urban Outfitters, Inc. reported net income of 37.2 million dollars and earnings per diluted share of 40 cents for the three months ended October 31, 2022. For the nine month period, the company’s net income was 128.2 million dollars and earnings per diluted share were 1.36 dollars. Total company net sales for the third quarter increased 3.9...

BusinessFeatured

Urban Outfitters reports increase in Q2 sales

Urban Outfitters, Inc. reported net income of 59 million dollars and earnings per diluted share of 64 cents for the second quarter. For the six month period net income was 91 million dollars and earnings per diluted share were 96 cents. “We are pleased to announce record Q2 sales fueled by strong ‘comps’ at the Anthropologie and Free People...