Urban Outfitters reports strong net sales and profit growth

Urban Outfitters, Inc. announced net income of 86 million dollars and 298 million dollars for the three months and year ended January 31, 2019, respectively, while earnings per diluted share were 80 cents and 2.72 cents for the three months and year ended January 31, 2019, respectively. Total company net sales for the quarter increased 3.7 percent to 1.13 billion dollars and for the full year net sales increased by 9.3 percent to 4 billion dollars, over the prior year.