PHILADELPHIA, Jan. 9, 2014 -- Urban Outfitters, Inc.
(Nasdaq:URBN), a leading lifestyle specialty retail company operating
under the Anthropologie, BHLDN, Free People, Terrain and Urban
Outfitters brands, today announced record net sales for the two months
ended December 31, 2013.
Total Company net sales for the two months increased to $716 million or
8% over the same period last year. Comparable Retail segment net sales,
which include our comparable direct-to-consumer channel, increased 3%.
Comparable Retail segment net sales increased 21% at Free People and 11%
at Anthropologie and decreased 6% at Urban Outfitters. Wholesale
segment net sales increased 21%.
"I am pleased to announce record URBN sales for the 2013 Holiday
period," said Richard A. Hayne, Chief Executive Officer. "Our
Anthropologie and Free People brands delivered outstanding results
despite the extreme promotional retail environment," finished Mr. Hayne.
For the 11-month period ended December 31, 2013, total Company net
sales increased to $2.9 billion or 11% over the same period last year.
Comparable Retail segment net sales increased 7%. Wholesale segment net
sales increased 19%.
During the 11 months ended December 31, 2013, the Company opened a
total of 36 new stores including: 15 Urban Outfitters stores, 12 Free
People stores and 9 Anthropologie stores, and closed 1 Urban Outfitters
store and 1 Anthropologie store.
About Urban Outfitters, Inc.
Urban Outfitters, Inc. is an innovative specialty retail company which
offers a variety of lifestyle merchandise to highly defined customer
niches through 229 Urban Outfitters stores in the United States, Canada,
and Europe, catalogs and websites; 188 Anthropologie stores in the
United States, Canada and Europe, catalogs and websites; Free People
wholesale, which sells its product to approximately 1,400 specialty
stores and select department stores, 89 Free People stores in the United
States and Canada, catalogs and websites; 2 BHLDN stores and a website
and 2 Terrain garden centers and a website, as of December 31, 2013.
By press release
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