×
72 622
Fashion Jobs
NIKE
Consumer Planner, Global Sports Apparel
Permanent · Beaverton
BLOOMINGDALE'S
Manager, Sales - Luxury Textiles And Corporate Services
Permanent · New York
BLOOMINGDALE'S
Asset Protection Outlet Associate, Part Time - Dolphin Mall
Permanent · Miami
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - Soho
Permanent · New York
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - Palm Beach Garden
Permanent · Palm Beach Gardens
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - Norwalk
Permanent · Norwalk
BLOOMINGDALE'S
Asset Protection Detective, Part Time - ny 59th st
Permanent · New York
MACY'S
Asset Protection Captain, Santa Maria Town Center - Full Time
Permanent · Santa Maria
MACY'S
Asset Protection Detective, Arden Fair - Full Time
Permanent · Sacramento
MACY'S
Asset Protection Detective, Boston - Full Time
Permanent · Suffolk
MACY'S
Asset Protection Detective, West Dade Miami Int'l - Full Time
Permanent · Miami
MACY'S
Asset Protection Detective, State Street - Full Time
Permanent · Chicago
MACY'S
Asset Protection Detective, st Louis Galleria - Full Time
Permanent · Old Saint Louis
MACY'S
Asset Protection Detective, Dayton Mall - Full Time
Permanent · Dayton
DESIGNER BRANDS
Merchandise Planner Wholesale, Vmi (Phoenix, az)
Permanent · Columbus
UNDER ARMOUR
Stock Teammate, Part-Time 6am Shift, $15 Per Hour
Permanent · JACKSON
PHV
Configuration Warehouse Supervisor ii
Permanent · Palmetto
RAG & BONE
Sales Supervisor (Full-Time) - Melrose
Permanent · Oakland
RAG & BONE
Sales Supervisor (Full-Time) - Georgetown Men's
Permanent · Washington
JOCKEY
Associate Manager at Jockey -Full Time $17/HR
Permanent · Edinburgh
SIERRA
30046-D/C Loss Prevention Specialist
Permanent · Cheyenne
TJ MAXX
Loss Prevention Customer Service Associate
Permanent · Greenvale
Published
Aug 24, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Urban Outfitters clocks record Q2 sales on strong Anthropologie, Free People comps

Published
Aug 24, 2022

Urban Outfitters Inc. announced on Tuesday revenues for the first half of fiscal 2022 increased by more than 7%, on the back of record sales growth in the youth apparel retailer's second quarter.


For the second quarter, Urban Outfitters clocked record sales during the three months, up 2.2% to $1.18 billion. - Urban Outfitters


The Philadelphia-based company said revenues for the six months ending July 31 increased 7.2% to $2.2 billion, compared to the prior-year period. By brand, comparable retail segment net sales increased 12% at the Anthropologie Group and 11% at the Free People Group and decreased 4% at Urban Outfitters. ​Nuuly segment net sales increased by $33.9 million driven by a significant increase in subscribers.

By channel, total retail segment net sales increased 6%, with comparable retail segment net sales increasing 5%. Wholesale segment net sales increased 3%, driven by a 6% increase in Free People Group wholesale sales, partially offset by a decline in Urban Outfitters wholesale sales. 

For the second quarter, Urban Outfitters clocked record sales during the three months, up 2.2% to $1.18 billion. ​Total retail segment net sales increased 1%, with comparable retail segment net sales also increasing 1%. By brand, comparable retail segment net sales increased 8% at the Free People Group and 7% at the Anthropologie Group and decreased 9% at Urban Outfitters. Wholesale segment net sales increased 1%, said Urban Outfitters.

“We are pleased to announce record Q2 sales fueled by strong ‘comps’ at the Anthropologie and Free People brands,” said Richard Hayne, chief executive officer.

The company recorded net income of $59 million and earnings per diluted share of $0.64 for the three months. For the six months, net income was $91 million and earnings per diluted share were $0.96.

​During the first half, the company opened a total of 16 new retail locations including 11 Free People Group stores (including six FP Movement stores), two Urban Outfitters stores, two Anthropologie Group stores and one Menus & Venues restaurant.

It closed four retail locations including two Urban Outfitters stores, one Free People Group store and one Anthropologie Group store.

Copyright © 2023 FashionNetwork.com All rights reserved.