Urban Outfitters has reported strong nine-month results with sales up 11.5 per cent to $4.36 billion, driven by retail, digital and a 53.4 per cent surge in Nuuly revenue.
Q3 net sales rose 12.3 per cent to $1.53 billion, with broad-based comp gains and record quarterly profit of $116.4 million.
The company opened 41 new stores as margins and subscriber growth strengthened.Urban Outfitters has reported strong nine-month results with sales up 11.5 per cent to $4.36 billion, driven by retail, digital and a 53.4 per cent surge in Nuuly revenue.
Q3 net sales rose 12.3 per cent to $1.53 billion, with broad-based comp gains and record quarterly profit of $116.4 million.
The company opened 41 new stores as margins and subscriber growth strengthened.
US’ Urban Outfitters posts strong 9-month gains, record Q3 profit
