Thursday, November 26, 2020


Urban Outfitter 4Q results

Mumbai: Urban Outfitters has announced net sales for the fourth quarter and year ended January 31, 2017. During the period…

By gta_admin , in Comapny news International News , at February 8, 2017 Tags:

Mumbai: Urban Outfitters has announced net sales for the fourth quarter and year ended January 31, 2017. During the period under review, the total company net sales increased 2% over the same quarter last year to a record US $ 1.03 billion. According to the company, the comparable retail segment net sales, include comparable direct-to-consumer sales, however remained flat. Wholesale segment net sales had dropped by 1%.

Brand wise, the comparable retail segment net sales increased by 2% at Urban Outfitters, and 1.2% at Free People, but decreased 2.9% at Anthropologie. For the year ended January 31, 2017, total company net sales increased to US $ 3.5 billion or 3% over the prior year. The comparable retail segment net sales also zoomed 1% while wholesale segment net sales soared 11%.

 

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