Urban Outfitters profit jumps 39 percent

Mon May 20, 2013 4:08pm EDT

May 20 (Reuters) - Teen apparel retailer Urban Outfitters Inc reported a 39 percent jump in quarterly profit as more people shopped at its namesake and Free People stores.

Net income rose to $47.1 million, or 32 cents per share, in the quarter ended April 30, from $33.9 million or 23 cents per share, a year ago.

Comparable-store sales at its Free people stores rose 44 percent, while those at Urban Outfitters rose 6 percent.

Overall sales jumped 14 percent to $648 million.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.