Janney Remains Positive on Urban Outfitters (URBN) Following Comps Beat

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Urban Outfitters (URBN) Holiday Comps Up 9%; Sales Up 15%

January 10, 2013 8:11 AM EST

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

Total Company net sales for the two months increased to $666 million or 15% over the same period last year. Comparable retail segment net sales, which include our comparable direct-to-consumer channel, increased 9% while comparable store net sales decreased by 1%. Direct-to-consumer returns at stores are charged against... More