Urban Outfitters, Inc. Reports Sales Results for the Two and Eleven Months Ended December 31, 2023
January 08, 2024 at 04:05 pm EST
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Urban Outfitters, Inc. reported sales results for the two and eleven months ended December 31, 2023. For the two months, the company reported total net sales increased 10% compared to the two months ended December 31, 2022.
For the eleven months, the company reported total net sales increased 8% compared to the eleven months ended December 31, 2022.
Urban Outfitters, Inc. is a lifestyle products and services company. The Company through three segments: Retail, Wholesale and Nuuly. The Retail segment includes its store and digital channels and includes its Anthropologie, Free People, FP Movement and Urban Outfitters brands. In addition to retail stores, it offers its products and services directly to its customers through its Websites, mobile applications, social media and third-party digital platforms, catalogs and customer contact centers. The Wholesale segment primarily designs, develops, and markets apparel, intimates, activewear and shoes. The Wholesale segment sells through department and specialty stores worldwide, digital businesses and its Retail segment. The Company operates a Wholesale segment under the Free People, FP Movement and Urban Outfitters brands. The Nuuly segment consists of the Nuuly brand, which includes Nuuly Rent and Nuuly Thrift. Nuuly Rent is a monthly womenâs apparel subscription rental service.
URBAN OUTFITTERS, INC. 
