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Urban Outfitters’ Full-Price Focus Delivers Record Q1 Sales

With pent-up demand, speed to market has never been more important. But port congestion, tariff impacts, the Uyghur crackdown and Covid uncertainty is making it difficult to restock the racks. Join Sourcing Journal on July 8 at 2 pm ET to learn how to sidestep the worst of the logistics roadblocks.

Urban Outfitters rode high product demand and record-low markdown rates to record sales in its first quarter as net sales skyrocketed 57.6 percent year-over-year to $927.4 million, a number that is also up 7.3 percent from two years ago. In a Nutshell: The specialty apparel retailer, which operates under numerous banners including Anthropologie, BHLDN, Free…

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