Urban Outfitters, Inc. : Reports Record Q2 Sales and Earnings

Urban Outfitters, Inc. (URBN), a leading lifestyle specialty retail company operating under the Anthropologie, BHLDN, Free People, Terrain and Urban Outfitters brands, today announced net income of $61 million and $95 million for the three and six months ended July 31, 2012, respectively.  Earnings per diluted share were $0.42 and $0.65 for the three and six months ended July 31, 2012, respectively.

Total Company net sales rose by 11% over the same quarter last year to $676 million.  Comparable retail segment net sales, which include our comparable direct-to-consumer channel, increased 4% for the quarter, while comparable store net sales decreased 1%. Comparable retail segment net sales at Free People and Urban Outfitters increased 12%, and 6%, respectively, while comparable retail segment net sales at Anthropologie were flat for the quarter. Direct-to-Consumer net sales increased 22% and wholesale segment net sales rose 17% for the quarter.

ViSalus Names Tyler P. Schuessler Chief Administrative Officer

Senior Executive Joins Management Team from Majority-Owner Blyth

ViSalus today announced the appointment of Tyler P. Schuessler as Chief Administrative Officer.  Ms. Schuessler will join ViSalus on September 1^st from her position as Vice President, Organizational Development & Investor Relations at Blyth, Inc., a New York Stock Exchange listed company, where she reports to the Chairman & Chief Executive Officer and is a member of the Office of the Chairman.  Ms. Schuessler will be a member of ViSalus' senior executive team and will report directly to Ryan Blair, Co-Founder and Chief Executive Officer of ViSalus.