Urban Outfitters DM Sales Rise 23%

Urban Outfitters Inc. reported net income of $35.7 million for the fourth quarter, a gain over net income of $35.6 million last year.

The direct marketer and retailer posted net sales of $360.8 million for the quarter ended Jan. 31, a jump over revenue of $318.6 million in the prior-year period.

The Philadelphia company posted direct marketing sales of $52.6 million for the quarter, a 23% increase over sales of $42.7 million last year.