The group’s strong digital sales were partially offset by negative store sales, leading to an overall increase of 3% in comparable retail segment revenues. Wholesale revenues also grew 3% over the period.
By brand, both Urban Outfitters and Free People saw an increase in comparable retail segment sales of 4%, while sales at Anthropologie Group rose 2%.
“I’m pleased to report record fourth quarter revenues and the sixth consecutive quarter all brands delivered positive Retail segment ‘comps’,” said Urban Outfitters, Inc. CEO Richard A. Hayne in a release.
For the full fiscal year 2019, total company sales came to $4.0 billion, a 9.3% increase when compared to the $3.62 billion reported by the group in the previous year.
Comparable retail segment sales rose 8% over the twelve-month period, reflecting double-digit growth in the digital channel and positive retail store sales, while wholesale segment net sales rose 10%.
Over the course of the fiscal year, the group opened a total of 18 company-operated stores and added the company's first five franchisee-owned locations to its retail network.
The company intends to announce its full fourth-quarter and fiscal 2019 financial results on March 5, 2019.