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For Immediate Release URBAN OUTFITTERS , INC . Third Quarter Results Philadelphia , PA - November 22 , 2021 Contact : Oona McCullough URBN Reports Record Sales ; Record Profits Exhibit 99.1 Executive Director of Investor Relations ( 215 ) 454-4806 PHILADELPHIA , PA , November 22 , 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 Rent , Nuuly Thrift and Menus & Venues brands , today announced net income of $ 89 million and record third quarter earnings per diluted share of $ 0.89 for the three months ended October 31 , 2021. For the nine months ended October 31 , 2021 , net income was $ 270 million and record first nine - month period earnings per diluted share were $ 2.71 . 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. Management views the comparison of fiscal 2022 results to fiscal 2020 as the more meaningful measurement of the Company's business performance . Total Company net sales for the three months ended October 31 , 2021 , were a record $ 1.13 billion . Net sales increased 14.6 % compared to the three months ended October 31 , 2019. Comparable Retail segment net sales increased 14 % , driven by strong double - digit growth in digital channel sales , partially offset by mid - single - digit negative retail store sales primarily due to reduced store traffic . By brand , comparable Retail segment net sales increased 55 % at the Free People Group , 9 % at the Anthropologie Group and 7 % at Urban Outfitters . Total Retail segment net sales increased 16 % . Wholesale segment net sales decreased 15 % primarily from reducing the Free People Group's sales to promotional wholesale customers . For the nine months ended October 31 , 2021 , total Company net sales increased 14.3 % compared to the nine months ended October 31 , 2019 . Comparable Retail segment net sales increased 16 % , driven by strong double - digit growth in digital channel sales , partially offset by low double - digit negative retail store sales due to reduced store traffic resulting from temporary store closures and occupancy restrictions in Europe and Canada . Wholesale segment net sales decreased 23 % primarily from reducing the Free People Group's sales to promotional wholesale customers . " I'm pleased to announce our teams produced record Q3 sales and earnings , ” said Richard A. Hayne , Chief Executive Officer . “ We are excited that November ' comp ' sales to date for all brands have accelerated from their Q3 rate , ” finished Mr. Hayne . Net sales by brand and segment for the three and nine - 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 October 31 , 2020 $ 415,877 $ 431,407 394,050 358,482 $ 264,995 206,669 6,457 3,664 12,688 6,742 $ 1,131,424 $ 969,607 2019 374,459 398,709 205,475 6,794 2,032 987,469