Skip to main content
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Urban Outfitters Climbs on Strong 4Q Sales

Shares of Urban Outfitters rose in after-market trading after the retailer company posted strong fourth-quarter sales.
By
  • Associated Press

PHILADELPHIA, United States — Shares of Urban Outfitters rose in after-market trading after the retailer company posted strong fourth-quarter sales.

Urban Outfitters said its net sales rose 12 percent to $1.01 billion during the three months that ended Jan. 31. Over the same period, sales at stores open at least a year grew 6 percent. Sales at stores open at least a year are considered an important measurement of retailer health because they exclude results from stores that opened or closed within the last year.

FactSet says analysts were expecting growth of 4.1 percent, on average.

Urban Outfitters Inc. stock rose $2.50, or 6.9 percent, to $39.01 after hours.

ADVERTISEMENT

The Philadelphia company said by division, quarterly net sales for its Urban Outfitters brand rose 10 percent to $438.4 million, while revenue from its Anthropologie brand grew 9 percent to $413 million and Free People sales jumped 24 percent to $152.6 million.

Urban Outfitters said its total sales rose 8 percent to $3.3 billion in fiscal 2015, and sales at locations open a year up 2 percent.

The company will release quarterly results on March 9.

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Financial Markets
A financial lens on the fast-changing fashion sector, including markets, investors and deals.

The Best of BoF 2023: Diversity’s Litmus Test

In 2020, like many companies, the $50 billion yoga apparel brand created a new department to improve internal diversity and inclusion, and to create a more equitable playing field for minorities. In interviews with BoF, 14 current and former employees said things only got worse.


The Year Ahead: The Future of Fashion Deal-Making

For fashion’s private market investors, deal-making may provide less-than-ideal returns and raise questions about the long-term value creation opportunities across parts of the fashion industry, reports The State of Fashion 2024.


The Investment Giant Behind Some of Fashion’s Biggest Deals

L Catterton, the private-equity firm with close ties to LVMH and Bernard Arnault that’s preparing to take Birkenstock public, has become an investment giant in the consumer-goods space, with stakes in companies selling everything from fashion to pet food to tacos.


view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
The Business of Beauty Global Awards - Deadline 30 April 2024
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
The Business of Beauty Global Awards - Deadline 30 April 2024