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Urban Outfitters reports $1 billion in Q4 sales

Staff writer ▼ | March 8, 2016
Urban Outfitters announced net income of $73 million and $224 million for the fourth quarter and year ended January 31, 2016, respectively.
Urban Outfitters
Urban Outfitters   Earnings per diluted share were $0.61
Earnings per diluted share were $0.61 and $1.78 for the three months and year ended January 31, 2016, respectively.

Total Urban Outfitters net sales for the fourth quarter of fiscal 2016 were flat at $1.01 billion compared to the same quarter last year.

Comparable retail segment net sales, which include our comparable direct-to-consumer channel, decreased 2%.

Comparable retail segment net sales increased 2% at Free People and decreased 2% at the Anthropologie Group and 3% at Urban Outfitters.

Wholesale segment net sales increased 29% partially due to delayed shipments from the third quarter carrying over into the fourth quarter.

For the year ended January 31, 2016, total Urban Outfitters net sales increased to $3.4 billion or 4% over the prior year. Comparable retail segment net sales increased 2%. Wholesale segment net sales increased 15%.


 

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