Fashion and lifestyle brand Urban Outfitters saw percentage growth in the double digits in both net income and sales last quarter.
Net income rose 18% from $59.5 million to $70.3 million, while net sales were up 11.7% from $692.9 million to $774 million.
Urban CEO Richard A. Hayne remains cautious about the next quarter because of the competitive holiday environment.
Urban Outfitters is currently planning a major retail and lifestyle campus at the former Waterloo Garden in Devon, Pennsylvania, called Devon Yard. The project includes a boutique hotel, specialty food store, and a wellness facility.