Urban Outfitters: Nothing but Anthropologie

Stock quotes in this article: URBN  

NEW YORK (TheStreet) -- Urban Outfitter's(URBN Quote) Anthropolgie chain is keeping the company afloat, as its namesake chain and Free People concept weighed on third-quarter results.

During the quarter, the company earned $62.4 million, or 36 cents a share, compared with $59.3 million, or 35 cents, in the year-ago period. Analysts expected the company to earn 35 cents a share.

Revenue rose 6% to $505.9 million from $478 million last year. Total same-store sales, however, slipped 2%, weighed down by its Free People concept.

The Holiday Retail Trade

By division, comparable sales grew 3% at Anthropologie, fell 5% at its namesake brand and plunged 13% at Free People.

Direct-to-consumer sales spiked 21%, while wholesale tumbled 10%.

-- Reported by Jeanine Poggi in New York

Follow TheStreet.com on Twitter and become a fan on Facebook.

  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
Copyright 2009 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,318.16 1,091.38 2,146.04 33.56
Oil *
77.53
DOWN
14.28
DOWN
3.52
DOWN
10.78
UP
0.07
10 Yr
3.36%
SPDR Gold
112.94
-0.14%
-0.32%
-0.50%
+0.21%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services