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For Immediate Release URBAN OUTFITTERS , INC . First Quarter Results Philadelphia , PA - May 25 , 2021 Contact : Oona McCullough URBN Reports Record Q1 Sales and EPS Exhibit 99.1 Executive Director of Investor Relations ( 215 ) 454-4806 PHILADELPHIA , PA , May 25 , 2021 – Urban Outfitters , Inc. ( NASDAQ : URBN ) , a leading lifestyle products and services company which operates a portfolio of global consumer brands comprised of the Anthropologie , BHLDN , Free People , FP Movement , Terrain , Urban Outfitters , Nuuly and Menus & Venues brands , today announced net income of $ 54 million and record first quarter earnings per diluted share of $ 0.54 for the three months ended April 30 , 2021 . Due to the material impact of COVID - 19 on our business operations in fiscal 2021 , including mandated store closures , this release includes a comparison of fiscal 2022 results to fiscal 2020 , in addition to a comparison of fiscal 2022 results to fiscal 2021. Management views the comparison of fiscal 2022 results to fiscal 2020 as the more meaningful measurement of the Company's business performance . Sales Results for Fiscal 2022 Compared to Fiscal 2020 and Fiscal 2021 Total Company net sales for the three months ended April 30 , 2021 , were a record $ 927 million . Net sales increased 7.3 % compared to the three months ended April 30 , 2019. Comparable Retail segment net sales increased 10 % , driven by strong double - digit growth in digital channel sales , partially offset by negative retail store sales due to reduced store traffic impacted by temporary store closures and occupancy restrictions in Europe and Canada . By brand , comparable Retail segment net sales increased 44 % at the Free People Group , 9 % at Urban Outfitters and 1 % at the Anthropologie Group . Total Retail segment net sales also increased 10 % . Wholesale segment net sales decreased 24 % due in part to realigning the Free People brand customer base to focus on more regular price selling . Total Company net sales for the three months ended April 30 , 2021 , increased 57.6 % compared to the three months ended April 30 , 2020. Comparable Retail segment net sales increased 51 % , driven by strong double - digit growth in both retail store and digital channel sales . By brand , comparable Retail segment net sales increased 77 % at the Free People Group , 50 % at the Anthropologie Group and 42 % at Urban Outfitters . Total Retail segment net sales increased 53 % . Wholesale segment net sales increased 196 % . Net sales for the three months ended April 30 , 2020 , were significantly impacted by the COVID - 19 pandemic including mandated store closures for all of the Company's stores and the majority of its wholesale partners . " The first quarter was one for the record books ; record sales , a record low markdown rate , and record earnings per share , " said Richard A. Hayne , Chief Executive Officer . " Strong comps ' were driven by powerful demand and superb execution by all teams . In May , sales trends have accelerated further which we believe bodes well for second quarter results , " finished Mr. Hayne . Net sales by brand and segment for the three - month periods were as follows : Net sales by brand Urban Outfitters Anthropologie Group Free People Group Menus & Venues Nuuly ( 1 ) Total Company 2021 Three Months Ended April 30 , 2020 2019 $ 349,681 237,320 316,806 353,567 234,075 354,988 212,751 107,664 186,191 3,596 3,154 6,428 7,820 6,270 $ 927,415 $ 588,483 $ 864,413