Free People
Market Segment
Bridge
Core Business Apparel
Core Business Apparel
Free People Financial Report 2022
Last fiscal year ended on January 31, 2022
| Revenue - Millions of USD | |
|---|---|
| 2019 | 215,0 |
| 2020 | 219,0 |
| 2021 | Get Access Now |
| 2022 | Get Access Now |
Income Statement Trend
Revenue
It represents the brand's turnover from the sales of finished goods through all of the distribution channels - retail, wholesale and e-commerce, after the deduction of returns, allowances for damaged or missing goods and any discounts allowed.
Operating Margin
Urban Outfitters Inc. doesn't provide the Operating Margin figure for Free People.
Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.
Income Statement Highlights
| in Millions of USD | 2022 | 2021 | Δ 2022/2021 | 2020 | Δ 2021/2020 | 2019 | Δ 2020/2019 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Revenue |
Free People Updates
Urban Outfitters Inc. Financial Report 2022
Income Statement Trend
Total Revenue
It includes the overall revenue of the company, considering not only the sales of finished goods, but all of the sources of the company income.
Operating Margin
Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.
Net Profitability
It's a measure of a company's overall profitability, i.e. how much of its sales are converting to profit. The value given is the amount of sales needed to generate one currency unit of post tax profit. Negative values mean that the company has a negative level of post tax profit. The figure is about the latest fiscal year available.
Profit Ratio
It's a key measure of success. The profit ratio measures the amount of profit generated by each single currency unit of sales. The figure is about the latest fiscal year available.
Income Statement Highlights
| in Millions of USD | 2022 | 2021 | Δ 2022/2021 | 2020 | Δ 2021/2020 | 2019 | Δ 2020/2019 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | ||||||||
| Cost of Sales | ||||||||
| Gross Profit | ||||||||
| Operating Income | ||||||||
| Net Income |
Balance Sheet Highlights
| in Millions of USD | 2022 | 2021 | Δ 2022/2021 | 2020 | Δ 2021/2020 | 2019 | Δ 2020/2019 | CAGR |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Total Assets | ||||||||
| Current Liabilities | ||||||||
| Equity |
Urban Outfitters Inc. Annual Report
Official Websites
Free People website
Free People ecommerce
Official Social Media
Brand Description
Establishment
Year
1984
City
n.a.
Country
United States
Founder
Dick Hayne
Judy Wicks
Designer
Unknown
Profile
Back in the 1970's, a young man named Dick Hayne planted a seed in the maze of streets and trees that make up West Philadelphia, Pennsylvania. He opened a store and called it Free People. Free People nurtured the young people who lived there and shopped there, who looked for a little of their own freedom in the clothes they wore.
As Dick's store grew from one to two, the name was changed from Free People to Urban Outfitters.
In time, his wife Meg came on to tend Urban's private label division, which supported product exclusive to Urban Outfitters. Demand was almost immediate and to meet this overwhelming need, she and Dick decided to create a wholesale line. It was very well-received, so much so that Dick separated the businesses. For a while, the wholesale line took on many personalities: Bulldog, Ecote, Cooperative, Anthropologie, and then in 1984 a new life was breathed into the name Free People. And that's us.
During 2001, we realized that it was really Free People that invoked some of our favorite images, those of femininity, courage, and spirit. It was time to get back to our roots.
Free People shed its junior image and evolved into a more mature, contemporary brand. This allowed twenty-something women to appreciate the line of clothing that catered to their intelligence, creativity and individuality, while keeping with its great quality and affordability.
And that's just who we wanted to reach: a 26-year-old girl, smart, creative, confident and comfortable in all aspects of her being, free and adventurous, sweet to tough to tomboy to romantic. A girl who likes to keep busy and push life to its limits, with traveling and hanging out and everything in between.
Business Strategy
Core Business
Apparel
Target
Women
Product Categories
Accessories
Apparel
Jewelry
Shoes
Swimwear
Underwear & Lingerie
Urban Outfitters Inc. profile
Telephone
+1 215 454 5500
Fax +1 215 454 5163
Date of foundation 1970
Type of Company Listed
Fax +1 215 454 5163
Date of foundation 1970
Type of Company Listed
Headquarters
Ownership (Top Shareholders)
Urban Outfitters Inc. Brands
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