PHILADELPHIA (dpa-AFX) - Urban Outfitters, Inc. (URBN) reported fourth-quarter net sales of $730.65 million, 9% up from $668.39 million reported a year ago.
Comparable retail segment net sales, which include the direct-to-consumer channels, increased 2% for the quarter, while comparable store net sales decreased 1% for the quarter. Comparable retail segment net sales at Urban Outfitters, Free People and Anthropologie rose 3%, 9% and 1%, respectively. Direct-to-consumer comparable net sales improved 14% and wholesale segment net sales rose 3% for the quarter.
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