Exhibit 99.1

URBAN OUTFITTERS, INC.

Fourth Quarter Results

Philadelphia, PA – March 9, 2015

 

For Immediate Release   Contact: Oona McCullough

   Director of Investor Relations

   (215) 454-4806

Urban Outfitters Fourth Quarter Revenue Tops $1 Billion

PHILADELPHIA, PA, March 9, 2015 - Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle specialty retail company operating under the Anthropologie, Bhldn, Free People, Terrain and Urban Outfitters brands, today announced net income of $80 million and $232 million for the three months and year ended January 31, 2015, respectively. Earnings per diluted share were $0.60 and $1.68 for the three months and year ended January 31, 2015, respectively.

Total Company net sales for the fourth quarter of fiscal 2015 increased 12% over the same quarter last year to a record $1.01 billion. Comparable Retail segment net sales, which include our comparable direct-to-consumer channel, increased 6%. Comparable Retail segment net sales increased 18% at Free People, 6% at the Anthropologie Group and 4% at Urban Outfitters. Wholesale segment net sales rose 21%.

For the year ended January 31, 2015, total Company net sales increased 8% over the prior year to a record $3.3 billion. Comparable Retail segment net sales increased 2%. Wholesale segment net sales increased 27%.

“We are pleased to report our first billion dollar quarter, fueled by positive retail segment ‘comps’ at all of our brands, “said Richard A. Hayne, Chief Executive Officer. “It is encouraging to see this sales trend continue into Q1,” finished Mr. Hayne.

Net sales by brand and segment for the three and twelve month periods were as follows:

 

     Three Months Ended
January 31,
     Twelve Months Ended
January 31,
 
Net sales by brand    2015      2014      2015      2014  

Urban Outfitters

   $ 438,369       $ 398,021       $ 1,385,070       $ 1,369,302   

Anthropologie Group1

     413,004         378,912         1,384,269         1,280,998   

Free People

     152,630         122,861         530,791         416,369   

Other

     7,041         6,064         22,947         19,939   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Company

$ 1,011,044    $ 905,858    $ 3,323,077    $ 3,086,608   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net sales by segment

Retail Segment

$ 953,277    $ 857,953    $ 3,097,274    $ 2,908,981   

Wholesale Segment

  57,767      47,905      225,803      177,627   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Company

$ 1,011,044    $ 905,858    $ 3,323,077    $ 3,086,608   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

1  Anthropologie Group consists of the Anthropologie and Bhldn brands


The following information was filed by Urban Outfitters Inc (URBN) on Tuesday, March 10, 2015 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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