POST Online Media Lite Edition



 

Urban Outfitters Q1 earnings per diluted share were $0.10

Staff Writer |
Urban Outfitters announced net income of $12 million for the first quarter ended April 30, 2017.

Article continues below






Earnings per diluted share were $0.10 for the three months ended April 30, 2017.

Total company net sales for the first quarter of fiscal 2018 were $761 million, flat compared to the same quarter last year.

Comparable Retail segment net sales, which include the comparable direct-to-consumer channel, decreased 3.1%.

By brand, comparable Retail segment net sales increased 1.5% at Free People, but decreased 3.1% at Urban Outfitters and 4.4% at the Anthropologie Group.

Comparable Retail segment sales were driven by strong, double-digit growth in the direct-to-consumer channel, which were offset by negative retail store comparable net sales.

Wholesale segment net sales increased 14%.


What to read next

Urban Outfitters reports $1 billion in Q4 sales
Urban Outfitters Q3 2017 net income $47 million
Urban Outfitters Q3 net income $45 million