Sponsors
Billabong ▲ +0.027 | PPR ▲ +0.20 | American Apparel ▼ -0.047 | The Buckle ▼ -0.32 | Columbia ▼ -0.62 | Deckers Outdoor ▼ -0.23 | Dicks ▲ +0.02 | Foot Locker ▼ -0.35 | Genesco ▼ -6.73 | Iconix Brand Group ▼ -0.12 | Jarden Corp ▲ +0.04 | Nordstrom ▼ -0.04 | Luxottica ▼ -0.27 | Nike ▼ -0.66 | Pacific Sunwear ▲ +0.05 | Skullcandy ▼ -0.01 | Sport Chalet - 0 | Urban Outfitters ▼ -0.49 | VF Corp ▼ -0.49 | Quiksilver ▼ -0.05 | Zumiez ▼ -1.07 | Macys ▼ -0.22 | Tillys ▼ -0.37 |
Ticker Sponsor
Readers Say
Keeps me in the loop
Keeps me in the loop

Being an Executive Edition member allows me to not miss a beat when it comes to the Industry business news. Definitely keeps me in the loop plus goes great with my morning joe.

- By Tony Perez, Surfer and Surfing magazines
I waited too long to sign up for Executive Edition
I waited too long to sign up for Executive Edition

I read Shop-Eat-Surf at every opportunity, and I waited too long to sign up for the Executive Edition. It’s timely, relevant and clearly “from the industry, for the industry.

- By Andy Laats, President, Nixon
Industry Insight

STOKES ME: Deadline is Friday to enter SIMA Humanitarian Fund's Bowl-a-thon fundraiser.

SURFRIDER: Celebrating 30 years.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Urban Outfitters posts strong Q3 results

By Tiffany Montgomery
November 12, 2009 4:55 AM

Urban Outfitters, one of the best performers at the mall during the recession, said this morning that third quarter net income rose 5.2% to $62.3 million.

The company reported last week that net sales increased 6% in the quarter to $506 million. For more details about sales at each of the company’s chains, click here.

Gross profit improved to 41.5% from 40.9%.

Inventories were down by $18 million, or 8% at the end of the quarter.

The company also announced it plans to open 32 to 34 stores next year. Currently, Urban Outfitters operates 319 stores under the Urban Outfitters, Anthropologie, Free People and Terrain banners.

I’ll have more details from the company’s conference call later today.

 


Articles You Might Have Missed