Urban Outfitters, Inc. operates through 2 segments: Urban Retail and Anthropologie, and a wholesale subsidiary, offering lifestyle-oriented merchandise, fashion apparel, accessories and household & gift items. For the 3 months ended 4/30/04, sales increased 59% to $170.3M. Net income rose from $6.4M to $16.9M. Revenues reflect new store openings and higher same-store sales. Earnings also benefited from improved gross and operating margins.