Urban Outfitters Q1 sales up 17%, same-store sales down
06 May '06
3 min read
Management expects to release financial results for the three months ended April 30th 2006 on May 11th 2006. During the first quarter, it opened 5 new Urban Outfitters stores and 2 Anthropologie stores and expects to open a total of 35 to 38 new stores, including 3 to 5 Free People stores, in the current fiscal year.
Urban Outfitters Inc is an innovative specialty retailer and wholesaler which offers a variety of lifestyle merchandise to highly defined customer niches through 95 Urban Outfitters stores in the United States, Canada, and Europe; an Urban Outfitters web site and catalog; 81 Anthropologie stores in the United States; an Anthropologie web site and catalog; and Free People, the company's wholesale segment, which sells its product to approx. 1,500 specialty stores, department stores and catalogs, as well as through 6 Free People stores a web site and catalog.