top shadow

Trade Readers:
I am a Manufacturer’s Rep
I am a Distributor
I am a Textile Supplier
I am a Banker or Factor
I am an OEM Producer
I want to receive more info from this company about its products
I want to receive a catalog from this company
I want to learn more about carrying this brand in my store; have them contact me
I would like to become a manufacturer’s representative for this company; have them contact me
I want to comment on this brand
I am a store owner/buyer who would recommend this brand to other stores

Consumer Readers:
I am a consumer who wants to purchase garments from this company; have someone contact me
I am a consumer who wants to know how/where to purchase this product

I am a consumer who would like a consumer catalog, if you provide one
I am a consumer who would recommend this brand

current news

Urban Outfitters: 2q Profits Down, Sales Up

(Filed Under Financial and General Interest News). Retailer Urban Outfitters reported a second-quarter profit of $56.7 million, or 35 cents a share, down 20.9 percent from $71.7 million, or 42 cents a share, in the second quarter of 2010. The company said that higher administrative, selling and other general expenses contributed to the lower profit.

During the six months ended July 31, 2011, reported sales came to $609.2 million, up 10.3 percent from $552.2 million in last year’s period. Online sales rose 16.6 percent, while wholesale segment sales were up 7 percent. Comparable sales at Free People and Urban Outfitters stores increased 18 and 1 percent respectively, while comparable sales at Anthropologie stores were flat. The company opened 20 new stores, including nine Free People stores, seven Anthropologie stores and four Urban Outfitters.

"We remain confident in our strategies and believe we made great executional progress during the quarter," stated Glen T. Senk, chief executive officer. "We anticipate gradual improvements in our comparable sales over the balance of the fiscal year and into spring 2012."

Philadelphia-based Urban Outfitters, Inc. plans to open 55 to 57 stores this year, focusing on expanding Free People stores in the United States and Urban Outfitters stores in Europe.

more Financial and General Interest News >>

Published 08-16-2011 by Katherine Rautenberg

Related Articles

Urban Outfitters C.E.O. Resigns
Urban Outfitters Posts Sales, Organization Changes
First BHLDN Store Opens in Houston
Urban Outfitters: 2q Profits Down, Sales Up
Urban 1q Revenue Up 9%
Urban 4q Breaks Sales Record
Urban Outfitters Launches Bridal Concept
Urban Outfitters Sales +25%
Urban Outfitter’s 3Q Sales Up 6%

Comment on this article, brand or product

Disclaimer: The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.

NOTE: Your Email will not be displayed.

Related pictures

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

Contact Information: (718)676-4444
Copyright © 2017 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2018 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to
bottom shadow