By JOHN T. WARD
The news prompted a 17-percent surge in price for the company’s shares, Bloomberg reported.
The Philly-based Urban Outfitters Inc. owns Anthropologie as well as its namesake chain, which has a store in downtown Red Bank.
The Urban chain reported net sales of $310 million in the three-month period ending July 31, up from $272 million in the comparable 2011 quarter.
The company doesn’t report sales by individual location.
Corporate net income rose to $61.3 million, from $56.7 million, the company reported.