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Published
Feb 11, 2014
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Urban Outfitters posts $3 billion in turnover

Published
Feb 11, 2014

A decrease of 9% in comparable sales at Urban Outfitters has eaten in the group’s earnings for its fourth quarter, closed end of January.

Free People a connu une poussée de ses ventes sur le dernier trimestre. Visuel Free People.


However, parent group Urban Outfitter Inc. still managed to post sales growth of 5.7% to $905.9 million, largely thanks to brands Free People and Anthropologie which saw sales increase by 20% and 10% respectively. Wholesale activity, which accounts for 5% of the group’s business, jumped by 25% over the quarter.

Full-year results at the group were largely positive. Net sales grew 6% across the board to reach $3.09 billion, up 10% against the previous year. With over $1.37 billion in net sales, Urban Outfitters remains the group’s premier brand, just ahead of Anthropologie which generated $1.24 billion. Free People drove $416,369 in sales over 2013. Other brands at the group, which includes Terrain, generated $36,695 in sales.

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