Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

Delayed Quote. Delayed  - 12/02 10:00:00 pm
31.67 USD   +0.03%
11/28 ASOS : Bluebella is an established, multi-award winning lingerie and..
11/24 URBAN OUTFITTER : Sunoco LP
11/23 Eli Lilly, HP and Urban Outfitters skid; Deere climbs
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Urban Outfitters, Inc. : Urban Outfitters Reports Record Holiday Sales

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/05/2012 | 02:17pm CET

PHILADELPHIA, Jan. 5, 2012 (GLOBE NEWSWIRE) -- Urban Outfitters, Inc. (Nasdaq:URBN), a leading lifestyle specialty retail company operating under the Anthropologie, Free People, BHLDN, Terrain and Urban Outfitters brands, today announced record net sales for the two months ended December 31, 2011.

Total Company net sales for the two months increased to $577 million or 11% over the same period last year. Comparable retail segment net sales, which include our direct-to-consumer channels, increased 4% while comparable store net sales were flat. Comparable retail segment net sales increased 3% at Urban Outfitters and Anthropologie and 9% at Free People. Direct-to-consumer comparable net sales jumped 17% for the period with all brands posting double digit growth. Wholesale segment net sales were down 1%.

"We are pleased to announce an 11% increase in our holiday sales," said Glen T. Senk, Chief Executive Officer. "The highly promotional environment coupled with our goal to reduce our overall inventory levels by the end of the fourth quarter led to more promotional offerings than originally anticipated." continued Mr. Senk.

For the 11-month period ended December 31, 2011, total Company net sales increased to $2.3 billion or 9% over the same period last year. Comparable retail segment net sales were flat while comparable store net sales decreased 4%. Direct-to-consumer comparable net sales rose 15% for the period and wholesale segment net sales increased 11%.

During the 11 months ended December 31, 2011, the Company opened a total of 50 new stores including: 18 new Urban Outfitters stores, 13 new Anthropologie stores, and 18 new Free People stores and 1 BHLDN store. The Company will release fourth quarter and fiscal year 2012 sales results on February 9, 2012.

Urban Outfitters, Inc. is an innovative specialty retail company which offers a variety of lifestyle merchandise to highly defined customer niches through 194 Urban Outfitters stores in the United States, Canada and Europe, catalogs and websites; 166 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; 60 Free People stores, catalogs and websites, 1 Terrain garden center and website and 1 BHLDN store and website as of December 31, 2011.

This news release is being made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Certain matters contained in this release may constitute forward-looking statements. When used in this release, the words "project," "believe," "plan," "anticipate," "expect" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any one, or all, of the following factors could cause actual financial results to differ materially from those financial results mentioned in the forward-looking statements: the difficulty in predicting and responding to shifts in fashion trends, changes in the level of competitive pricing and promotional activity and other industry factors, overall economic and market conditions and the resultant impact on consumer spending patterns, lowered levels of consumer confidence and higher levels of unemployment, and continuation of lowered levels of consumer spending resulting from the continuing worldwide economic downturn, any effects of terrorist acts or war, availability of suitable retail space for expansion, timing of store openings, seasonal fluctuations in gross sales, the departure of one or more key senior managers, import risks, including potential disruptions and changes in duties, tariffs and quotas, the closing of any of our distribution centers, our ability to protect our intellectual property rights, risks associated with internet sales, response to new store concepts, potential difficulty liquidating certain marketable security investments and other risks identified in the Company's filings with the Securities and Exchange Commission. The Company disclaims any intent or obligation to update forward-looking statements even if experience or future changes make it clear that actual results may differ materially from any projected results expressed or implied therein.

CONTACT: Oona McCullough
         Director of Investor Relations
         (215) 454-4806
Urban Outfitters, Inc.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on URBAN OUTFITTERS, INC.
11/28 ASOS : Bluebella is an established, multi-award winning lingerie and nightwear b..
11/24 URBAN OUTFITTERS INC. : Sunoco LP
11/23 Eli Lilly, HP and Urban Outfitters skid; Deere climbs
11/23 URBAN OUTFITTERS, INC. (NASDAQ : URBN) Files An 8-K Results of Operations and Fi..
11/23 URBAN OUTFITTERS INC : Results of Operations and Financial Condition, Financial ..
11/23 S&P 500 MOVERS : Lly, de
11/22DJURBAN OUTFITTERS' : Results Miss Expectations
11/22 URBAN OUTFITTERS : misses Street 3Q forecasts
11/22 MUST READ : Navajo Nation and Urban Outfitters Reach Settlement, Kris Jenner Cov..
11/22 URBAN OUTFITTERS : Reports Record Q3 Sales
More news
Sector news : Apparel & Accessories Retailers - NEC
12/01DJGAP : Same-Store Sales Dragged By Warehouse Fire
12/01DJAdidas Plots for More Gains in U.S.
12/01 EUROPE BUILDING UP PIPELINE OF BIG-L : investors
11/29DJU.S. GDP Revised Higher Than Expected
11/29 TIFFANY : Jeweller Tiffany posts first sales rise in eight quarters
More sector news : Apparel & Accessories Retailers - NEC
News from SeekingAlpha
11/30 American Eagle Outfitter and peers lower on tough mall traffic read
11/29 AMERICAN EAGLE : Lone Winner Among Struggling Retail Stocks
11/28 URBAN OUTFITTERS : Has The Story Changed?
11/27 Another Correction Awaiting Urban Outfitters
11/25 The Urban Outfitters Sell-Off Seems Overdone
Advertisement
Financials ($)
Sales 2017 3 572 M
EBIT 2017 357 M
Net income 2017 236 M
Finance 2017 352 M
Yield 2017 -
P/E ratio 2017 15,74
P/E ratio 2018 14,50
EV / Sales 2017 0,93x
EV / Sales 2018 0,87x
Capitalization 3 681 M
More Financials
Chart URBAN OUTFITTERS, INC.
Duration : Period :
Urban Outfitters, Inc. Technical Analysis Chart | URBN | US9170471026 | 4-Traders
Full-screen chart
Technical analysis trends URBAN OUTFITTERS,...
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 34
Average target price 36,6 $
Spread / Average Target 16%
Consensus details
EPS Revisions
More Estimates 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
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
URBAN OUTFITTERS, INC.38.90%3 681
INDITEX SA-0.16%105 127
FAST RETAILING CO LTD-3.19%37 984
ROSS STORES, INC.25.61%26 714
L BRANDS INC-26.72%20 564
FOOT LOCKER, INC.14.04%9 891
More Results