Sponsors
Billabong ▲ +0.010 | PPR ▼ -2.50 | American Apparel ▲ +0.019 | The Buckle ▲ +1.54 | Columbia ▼ -0.28 | Deckers Outdoor ▲ +1.26 | Dicks ▼ -0.40 | Foot Locker ▲ +0.77 | Genesco ▲ +0.88 | Iconix Brand Group ▲ +0.24 | Jarden Corp ▲ +0.07 | Nordstrom ▲ +1.44 | Luxottica ▼ -0.25 | Nike ▲ +0.63 | Pacific Sunwear ▲ +0.04 | Skullcandy ▲ +0.83 | Sport Chalet - 0 | Urban Outfitters ▲ +1.71 | VF Corp ▲ +0.55 | Quiksilver ▼ -0.02 | Zumiez ▲ +1.66 | Macys ▲ +1.30 | Tillys ▲ +0.12 |
Ticker Sponsor
Readers Say
Executive Edition is a must have
Executive Edition is a must have

Before Shop-Eat-Surf, there were two sites I paid for premium content on. One is Surfline, the other is the Wall Street Journal. One is about all things surf, the other, the best business content site in the world. Shop-eat-surf is the intersection of those two worlds. Shop-Eat-Surf provides everything from coverage of events, people, brands and trends. However, beyond the Executive Edition "wall" is more meaty analysis and interpretation of financial statements, business models and brand philosophies; why certain brands and companies are succeeding, where others aren't. The Executive Edition is a must have read if the business of surf and action sports are on your radar screen.

- By Jeff Berg, Co-owner, Surfline
Useful on a daily basis
Useful on a daily basis

It's well balanced information that is useful on a daily basis. I'm very satisfied with the Executive Edition. I start each day with SES and a big cup of coffee!

- By Tom Ruiz, EVP Sales, Volcom
Industry Insight

SIA SNOW SHOW: New "Industry + Intelligence" seminar on January 28.
FSG LAWYERS: Represented Brixton in recent transaction with Altamont Capital.
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