Free People news and archive

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...

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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,”...

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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...

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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...

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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...

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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...

Business

Urban Outfitters retail comparable sales increase by 11 percent

Urban Outfitters, Inc. reported net income of 32 million dollars and earnings per diluted share of 33 cents for the three months ended April 30, 2022. Total company net sales for the quarter increased 13.4 percent over the same period last year to 1.05 billion dollars. Total retail segment net sales increased 12 percent, with comparable retail...

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Urban Outfitters posts strong improvement in net sales

Urban Outfitters, Inc. announced total company net sales for the fourth quarter were 1.33 billion dollars, up 13.9 percent, while comparable retail segment net sales increased 14 percent. For the year ended January 31, 2022, total company net sales increased 14.2 percent compared to the year ended January 31, 2020. Comparable retail segment net...

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Urban Outfitters Q4 sales increase by 13.9 percent

Urban Outfitters, Inc. (URBN) net sales for the three months ended January 31, 2022, were 1.33 billion dollars, up 13.9 percent compared to the three months ended January 31, 2020. The company said, comparable retail segment net sales increased 14 percent, driven by strong double-digit growth in digital channel sales, partially offset by low...

Business

Urban Outfitters holiday sales up 14.6 percent

Urban Outfitters, Inc. (URBN) has reported 14.6 percent increase in total company net sales for the two months ended December 31, 2021, compared to the two months ended December 31, 2019. URBN now believes that the total company fourth quarter gross margin could deleverage due to higher than anticipated inbound transportation costs. The company...

Business

Urban Outfitters elects Kelly Campbell as independent director

Urban Outfitters has announced that effective December 7, 2021, it expanded the size of its board from 10 to 11 and elected Kelly Campbell as a director. The company said in a release that the addition of Campbell further expands the digital marketing expertise that resides on the board. “We are delighted to have Kelly Campbell join our board as...