Urban Outfitters (URBN) Reports In-line Sales for Second Qtr
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Price: $75.35 +0.76%
Revenue Growth %: +9.2%
Financial Fact:
Net income: 76.92M
Today's EPS Names:
OCCI, IPX, ALZN, More
Revenue Growth %: +9.2%
Financial Fact:
Net income: 76.92M
Today's EPS Names:
OCCI, IPX, ALZN, More
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Urban Outfitters, Inc. (Nasdaq: URBN) announced sales for the three and six months ended July 31, 2009.
For the second quarter of fiscal 2010, total Company net sales increased by 1% over the same quarter last year to $459 million. Comparable retail segment net sales, which include our direct-to-consumer channels, decreased 3%. Comparable store net sales decreased 6% with declines at Anthropologie, Free People and Urban Outfitters of 4%, 16%, and 8%, respectively. Direct-to-consumer net sales rose 17% and wholesale segment net sales declined 7%.
Revenues for Q2 were $458.63 million vs. $457.08 million consensus.
[SM]
For the second quarter of fiscal 2010, total Company net sales increased by 1% over the same quarter last year to $459 million. Comparable retail segment net sales, which include our direct-to-consumer channels, decreased 3%. Comparable store net sales decreased 6% with declines at Anthropologie, Free People and Urban Outfitters of 4%, 16%, and 8%, respectively. Direct-to-consumer net sales rose 17% and wholesale segment net sales declined 7%.
Revenues for Q2 were $458.63 million vs. $457.08 million consensus.
[SM]
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