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4-Traders Homepage  >  Equities  >  Nasdaq  >  Urban Outfitters, Inc.    URBN

URBAN OUTFITTERS, INC. (URBN)
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Urban Outfitters : Fox signs Urban Outfitters Israel franchise deal

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09/07/2017 | 09:33pm CET

Sept. 07--The first branch in Israel of Urban Outfitters will soon open in Israel. Fox-Wizel Ltd. (TASE: FOX) today reported that it had signed three 10-year franchise agreements with the Urban group. Fox will operate stores selling three brands in Israel: Anthropologie, Urban Outfitters, and Free People, and will sell the brands in Fox's virtual shopping mall, which is currently being set up. Fox plans to establish a subsidiary to operate the brands in Israel.

The cost of the agreement in the first four years of the franchise is NIS 40 million.

Founded in 1970, Urban is a leading international retailer in fashion, accessories, home design, and other areas. It operates in the US, Canada, and Europe under the Anthropologie, Urban Outfitters, and Free People brands. The company operates over 500 stores and 1,400 sales points worldwide. Urban's revenue totaled $3.5 billion in 2016, and its operating profit margin was 11% of sales. Company headquarters are in Philadelphia.

Urban Outfitters is a brand of women's and men's fashions, accessories, and home goods sold in 200 stores worldwide, including 43 in Europe. Anthropologie is a fashion brand of clothing, jewelry, home furniture, and personal care and design products sold in over 200 stories worldwide, including 13 in Europe. Free People is a brand of women's clothing fashion, accessories, shoes, bathing suits, and personal care products that operates 125 stores in the US and Canada. It is sold at 1,400 sales points worldwide.

___

(c)2017 the Globes (Tel Aviv, Israel)

Visit the Globes (Tel Aviv, Israel) at www.globes.co.il/serveen/globes/nodeview.asp?fid=942

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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ChangeLast1st jan.
FOX WIZEL LTD 0.20% 5904 Delayed Quote.-14.28%
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Financials ($)
Sales 2018 3 608 M
EBIT 2018 272 M
Net income 2018 174 M
Finance 2018 433 M
Yield 2018 -
P/E ratio 2018 22,64
P/E ratio 2019 18,02
EV / Sales 2018 0,94x
EV / Sales 2019 0,85x
Capitalization 3 830 M
Chart URBAN OUTFITTERS, INC.
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Urban Outfitters, Inc. Technical Analysis Chart | URBN | US9170471026 | 4-Traders
Technical analysis trends URBAN OUTFITTERS, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 34,9 $
Spread / Average Target -1,3%
EPS Revisions
Managers
NameTitle
Richard A. Hayne Chairman & Chief Executive Officer
David W. McCreight President
Calvin B. Hollinger Chief Operating & Administrative Officer
Francis John Conforti Chief Financial Officer
Scott A. Belair Independent Director
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