Urban Outfitters 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...

Fashion

True Religion collaborates with Urban Outfitters for exclusive collection

Lifestyle apparel brand True Religion has partnered with Urban Outfitters to create an exclusive capsule collection for women. The capsule collection taps into the early 2000s and Y2K trends and features updated versions of True Reilgion's best-selling denim styles. Key items in the capsule collection include baggy cargo jeans, a denim maxi...

ManagementFeatured

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,”...

Fashion |In Pictures

Urban Outfitters partners with Isko Denim

BDG, the in-house denim label by Urban Outfitters, is partnering with denim mill Isko on a 10-piece collection of workwear-inspired unisex denim pieces with finishing designs by British artist Dwayne Coleman. The BDG (By Urban Outfitters) and Isko Denim collection has been developed using more sustainable denim pieces, utilising recycled cotton...

Report

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...

Retail

Tom Ford and URBN among retailers adding Clearpay’s pay-in-4 service to stores

A number of fashion and beauty retailers are expanding their in-store flexible payment services with Clearpay as customer demand for buy-now-pay-later features continues to rise. According to Clearpay, Tom Ford, MAC, Jo Malone, Cosmetic Company Stores, Le Labo, Too Faced and URBN, the owner of Urban Outfitters and Free People, have expanded...

ManagementFeatured

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...

Business

URBN opens new fulfillment center in Missouri

Urban Outfitters (URBN), the parent company of brands like Urban Outfitters, Anthropologie, Free People, and Nuuly, announces the opening of a new fulfillment center at the Raymore Commerce Center in Missouri. The new facility plays a crucial role in the company’s operations, the company said. The 604,000 square feet center will handle the...

ManagementFeatured

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....

Report

President of Urban Outfitters Group steps down

Francis Pierrel, president, Urban Outfitters Group, has stepped down, the retail company has announced in a regulatory filing. The Philadelphia-based firm said in the statement: “We appreciate the contributions he made during his tenure and wish him well in his future endeavours.” Pierrel joined the retailer in February, taking on the task of...

Management

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...

ManagementFeatured

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...