Urban Outfitters Reports a 17% Sales Jump

Urban Outfitters Reports a 17% Sales Jump

PHILADELPHIA, Feb. 7, 2013 (GLOBE NEWSWIRE) -- Urban Outfitters, Inc.
(Nasdaq:URBN), a leading lifestyle specialty retail company operating under
the Anthropologie, BHLDN, Free People, Terrain and Urban Outfitters brands,
today announced record net sales for the quarter and year ended January 31,
2013.

Total Company net sales for the fourth quarter of fiscal 2013 increased to
$857 million or 17% over the same quarter last year. Comparable retail segment
net sales, which include our comparable direct-to-consumer channel, increased
11% while comparable store net sales were flat. Direct-to-consumer returns at
stores are charged against store sales. Excluding these returns, comparable
store net sales would have been low single-digit positive. Comparable retail
segment net sales increased 37% at Free People, 11% at Urban Outfitters and 7%
at Anthropologie. Direct-to-consumer net sales surged by 44% for the quarter
and wholesale segment net sales rose 22%.

For the year ended January 31, 2013, total Company net sales increased to $2.8
billion or 13% over the prior year. Comparable retail segment net sales
increased 7%, while comparable store net sales decreased by 1%. Excluding the
direct-to-consumer returns at stores, comparable store net sales would have
been low single-digit positive. Direct-to-consumer net sales increased by 31%
for the year and wholesale segment net sales increased 12%.

"I congratulate our Brand teams for producing a solid fourth quarter sales
increase," said Richard A. Hayne, Chief Executive Officer. "Our sales gains
were driven by new stores, improved product, stronger creative execution and
more effective marketing across all brands," finished Mr. Hayne.

Net sales by brand and channel for the three and twelve month periods were as
follows:

                    Three Months Ended  Twelve Months Ended
                     January 31,         January 31,
Net sales by brand   2013      2012      2013        2012
Urban Outfitters     $ 415,483 $ 356,769 $ 1,324,381 $ 1,155,293
Anthropologie        334,792   299,198   1,118,609   1,044,525
Free People          97,736    69,864    320,683     250,412
Other                8,821     4,817     31,252      23,571
Total Company        $ 856,832 $ 730,648 $ 2,794,925 $ 2,473,801
                                                 
Net sales by channel                              
Retail Stores        $ 577,558 $ 532,043 $ 1,982,944 $ 1,835,831
Direct-to-consumer   240,541   166,935   663,340     504,963
Retail Segment       818,099   698,978   2,646,284   2,340,794
Wholesale Segment    38,733    31,670    148,641     133,007
Total Company        $ 856,832 $ 730,648 $ 2,794,925 $ 2,473,801

During the year ended January 31, 2013, the Company opened a total of 49 new
stores including: 18 Urban Outfitters stores, 15 Free People stores, 14
Anthropologie stores, 1 BHLDN store and 1 Terrain garden center, and closed 2
Anthropologie stores.

Urban Outfitters, Inc. is an innovative specialty retail company which offers
a variety of lifestyle merchandise to highly defined customer niches through
215 Urban Outfitters stores in the United States, Canada, and Europe, catalogs
and websites; 180 Anthropologie stores in the United States, Canada and
Europe, catalogs and websites; Free People wholesale, which sells its product
to approximately 1,400 specialty stores and select department stores, 77 Free
People stores in the United States and Canada, catalogs and websites; 2 BHLDN
stores and a website and 2 Terrain garden centers and a website, as of January
31, 2013.

The Company will release fourth quarter and fiscal year 2013 earnings results
on March11, 2013.

This news release is being made pursuant to the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995. Certain matters
contained in this release may constitute forward-looking statements. When used
in this release, the words "project," "believe," "plan," "will," "anticipate,"
"expect" and similar expressions are intended to identify forward-looking
statements, although not all forward-looking statements contain these
identifying words. Any one, or all, of the following factors could cause
actual financial results to differ materially from those financial results
mentioned in the forward-looking statements: the difficulty in predicting and
responding to shifts in fashion trends, changes in the level of competitive
pricing and promotional activity and other industry factors, overall economic
and market conditions and the resultant impact on consumer spending patterns,
lowered levels of consumer confidence and higher levels of unemployment,
continuation of lowered levels of consumer spending resulting from the
continuing worldwide economic downturn and related debt crisis, any effects of
terrorist acts or war, natural disasters or severe weather conditions,
availability of suitable retail space for expansion, timing of store openings,
risks associated with international expansion, seasonal fluctuations in gross
sales, the departure of one or more key senior managers, import risks,
including potential disruptions and changes in duties, tariffs and quotas, the
closing of any of our distribution centers, our ability to protect our
intellectual property rights, risks associated with internet sales, response
to new store concepts, potential difficulty liquidating certain marketable
security investments, changes in accounting standards and subjective
assumptions, regulatory changes and legal matters and other risks identified
in the Company's filings with the Securities and Exchange Commission. The
Company disclaims any intent or obligation to update forward-looking
statements even if experience or future changes make it clear that actual
results may differ materially from any projected results expressed or implied
therein.

CONTACT: Oona McCullough
         Director of Investor Relations
         (215) 454-4806
 
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