Urban Outfitters reports record holiday sales; total net sales up 2.3% for two months

URBAN OUTFITTERS INC

Total net sales for two months ended Dec 31, 2022 +2.3% YoY; Retail comp sales +2% (digital + low-single-digit, stores + low-single-digit).
By brand: Free People Group comps +15%, Anthropologie Group +7%, Urban Outfitters -10%.
Wholesale segment net sales -22% due to lower department store sales.
Nuuly segment sales +150% with subscribers +153% during the two-month period.
For eleven months, total net sales +5.1% YoY; Nuuly subscribers +187%.

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