Urban Outfitters profit rises as sales increase at Anthropologie stores


Nov 18 (Reuters) - Teen apparel retailer Urban OutfittersInc reported an 18 percent rise in quarterly profit,driven by strong growth in sales in its Anthropologie and FreePeople chains.

The company, also known for the Urban Outfitters chain, saidnet income rose to $70.3 million, or 47 cents per share, in thethird quarter ended Oct. 31 from $59.5 million, or 40 cents pershare, a year earlier.

Revenue rose 12 percent to $774 million.


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