Back to top

Analyst Blog

Apparel retailer Urban Outfitters Inc. (URBN - Analyst Report) recently posted sales data for the months of November and December. Sales rose 8% year over year to $716 million in the said period.

Comparable Retail segment net sales (including comparable direct-to-consumer channel) rose 3%. Comparable Retail segment net sales rose 11% at Anthropologie and 21% at Free People but declined 6% at Urban Outfitters. Net sales grew 21% at the Wholesale segment.

For the 11 month-period ended Dec 31, 2013, Urban Outfitters’ net sales rose 11% year over year to $2.9 billion. Nets sales at wholesale segment grew 19% while comparable Retail segment net sales grew 7%.

Further, the company opened 36 outlets during the 11 month-period comprising 15 Urban Outfitters outlets, 12 Free People stores and 9 Anthropologie outlets. It also closed 1 store each of Urban Outfitters and Anthropologie brands.

Other retailers that came strongly during the holiday season that appeared to be tough one include Macy's, Inc. (M - Analyst Report), Rite Aid Corporation (RAD - Analyst Report) and Costco Wholesale Corporation (COST - Analyst Report). Macy’s comparable-store sales for the November and December period combined rose 3.6%, while including departments licensed to third parties, it rose 4.3%.

Costco reported a 6% year-over-year rise in net sales to $11.53 billion for December (five weeks ended Jan 5, 2014) while comps rose 3%. Drugstore chain retailer, Rite Aid reported improved comps for December (4 weeks ended Dec 28, 2013) on Jan 3, 2014. Comps for the month rose 2.9% from the prior-year period, primarily driven by higher comps at its front-end and pharmacy stores.

Currently, Urban Outfitters’ carries a Zacks Rank #3 (Hold).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
ERBA DIAGNO… ERB 3.80 +7.04%
BANCO DO BR… BDORY 14.74 +5.66%
AIR INDUSTR… AIRI 9.99 +4.15%
EQT MIDSTRE… EQM 98.14 +3.38%
WEATHERFORD… WFT 23.64 +3.10%