Urban Outfitters, Inc. announced net income of $1 million and $108 million for the three months and year ended January 31, 2018, respectively. Earnings per diluted share were $0.01 and $0.96 for the three months and year ended January 31, 2018, respectively. For the three months ended January 31, 2018, adjusted net income was $75 million and adjusted earnings per diluted share were $0.69. Total Company net sales for the fourth quarter of fiscal 2018 increased 5.7% over the same period last year to a record $1.09 billion. Comparable Retail segment net sales increased 4%, driven by strong, double-digit growth in the digital channel partially offset by negative retail store sales. By brand, comparable Retail segment net sales increased 8% at Free People, 5% at the Anthropologie Group and 2% at Urban Outfitters. Wholesale segment net sales increased 6.3%. For the year ended January 31, 2018, total Company net sales increased to $3.6 billion or 2.0% over the prior year. Comparable Retail segment net sales were flat. Wholesale segment net sales increased 9.5%. Click Read More below for additional information.
The 9th of October is World Post Day – a day to celebrate the world’s postal services.
World Post Day has been celebrated across the world every year since 1969. The day marks the anniversary of the creation of the Universal Postal Union. This Union was created to allow the free flow of post across the world- a service that we may take for granted these days.
Here at Two Sides, we welcome the opportunity to celebrate such an important service. Your postal service is a vital part of the communications infrastructure. Even in this digital age, the postal service is an essential facility that benefits millions of us across the world.
Whilst many organisations are encouraging customers to move online or go ‘paperless’, consumers still like receiving post and research reveals that consumers prefer to have the choice. In fact, over 60% of people prefer to receive the statements and invoices by post rather than online. Over 80% ensure they open all of their post.
Facts like this illustrate that the postal service is still as relevant as ever and on this World Post Day we are showing our appreciation to this service. We have conducted some interesting research that has revealed some facts on how we prefer to receive our information. You can read more about this research here.