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Urban Outfitters Reports Record Q4 Sales
For the year ended
"I am pleased to announce record URBN sales for the fourth quarter of fiscal 2015 driven by positive comps at each of our brands with the direct-to-consumer channel continuing to outpace store sales," said
Net sales by brand and segment for the three and twelve month periods were as follows:
Three Months Ended | Twelve Months Ended | |||
January 31, | January 31, | |||
Net sales by brand | 2015 | 2014 | 2015 | 2014 |
Urban Outfitters | $ 438,369 | $ 398,021 | $ 1,385,070 | $ 1,369,302 |
Anthropologie Group 1 | 413,004 | 378,912 | 1,384,269 | 1,280,998 |
Free People | 152,630 | 122,861 | 530,791 | 416,369 |
Other | 7,041 | 6,064 | 22,947 | 19,939 |
Total Company | $ 1,011,044 | $ 905,858 | $ 3,323,077 | $ 3,086,608 |
Net sales by segment | ||||
Retail Segment | $ 953,277 | $ 857,953 | $ 3,097,274 | $ 2,908,981 |
Wholesale Segment | 57,767 | 47,905 | 225,803 | 177,627 |
Total Company | $ 1,011,044 | $ 905,858 | $ 3,323,077 | $ 3,086,608 |
1Anthropologie Group consists of the Anthropologie and Bhldn brands |
During the year ended
The Company will release fourth quarter and fiscal year 2015 earnings results on March 9, 2015.
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," "will," "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, continuation of lowered levels of consumer spending resulting from a worldwide political and economic crisis, any effects of terrorist acts or war, natural disasters or severe weather conditions, availability of suitable retail space for expansion, timing of store openings, risks associated with international expansion, seasonal fluctuations in gross sales, the departure of one or more key senior executives, 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, failure of our manufacturers to comply with our social compliance program, changes in accounting standards and subjective assumptions, regulatory changes and legal matters and other risks identified in the Company's filings with the
CONTACT:Oona McCullough Director of Investor Relations (215) 454-4806