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Urban Outfitters profit jumps 39 percent
May 20, 2013 / 8:11 PM / in 5 years

Urban Outfitters profit jumps 39 percent

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.

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