Buffalo, NY 1/7/2010 10:08:40 PM
News / Business

Urban Outfitters with Record Sales

For the two months which ended December 31, 2009 Urban Outfitters reported record sales. Total Company sales for the two months increased to $452 million or 16% over the same period last year. Total Company comparable ("comp") retail segment sales, which include our direct-to-consumer channels, increased 9%. Comp store sales increased 10% at Anthropologie, 8% at Free People and 1% at Urban Outfitters. Total Company comp store sales grew 5%. Direct-to-consumer sales rose 28% for the period with all three brands posting double digit growth. Wholesale segment sales increased 9%.

 

"We are pleased to announce a 16% increase in our Holiday sales. All of our brands posted positive comp store sales during the period with each improving their comp trend from the previous quarter of this fiscal year," said Glen T. Senk, Chief Executive Officer.

 

 

 

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Urban Outfitters, Inc. is an innovative specialty retail company which offers a variety of lifestyle merchandise to highly defined customer niches through 153 Urban Outfitters stores in the United States, Canada, and Europe, 2 web sites and a catalog; 135 Anthropologie stores in the United States and Europe, a web site and a catalog; Free People Wholesale which sells its product to approximately 1,400 specialty stores and select department stores; 34 Free People stores, a web site and catalog; Leifsdottir Wholesale, which sells its product to approximately 65 specialty and select department stores; and one Terrain garden center as of December 31, 2009.

 

 

 

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