Sponsors
Billabong ▼ -0.015 | PPR ▼ -5.05 | American Apparel ▼ -0.030 | The Buckle ▲ +0.12 | Columbia ▼ -0.26 | Deckers Outdoor ▼ -4.38 | Dicks ▼ -0.36 | Foot Locker ▼ -0.58 | Genesco ▼ -0.60 | Iconix Brand Group ▼ -0.46 | Jarden Corp ▼ -0.45 | Nordstrom ▼ -0.45 | Luxottica ▼ -0.41 | Nike ▼ -1.29 | Pacific Sunwear ▼ -0.05 | Skullcandy ▼ -0.07 | Sport Chalet - 0 | Urban Outfitters ▼ -0.30 | VF Corp ▼ -0.06 | Quiksilver ▼ -0.11 | Zumiez ▼ -0.27 | Macys ▼ -0.05 | Tillys ▼ -0.02 |
Ticker Sponsor
Readers Say
Great insight into the issues
Great insight into the issues

I am a big fan of Tiffany and her team as well as an avid reader of Shop-Eat-Surf. I shop, I eat, I surf -- I should pay.

- By Kevin Bailey, President, Vans
The one, undisputed leader
The one, undisputed leader

It is common knowledge in our industry that there is one undisputed leader in reporting on the topics, businesses and trends that impact all of us the most, and it is shop-eat-surf.com. Their access to those who make our industry happen is second to none, and we value not only the content of their reporting but the editorial thought on what it all means both in the present as well as the future. If we were asked to give a rating, it would be five out of five stars.

- By Craig Levra, CEO, Sport Chalet
Industry Insight

New business info and advice from QCS GRAPHICS, PROCOPIO, SHACC and FSG LAWYERS.

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