Urban Outfitters Inc. posted a solid first-quarter report card, citing top- and bottom-line gains and momentum on the Free People and Anthropologie groups.

Net income for the quarter ended April 30 jumped to $52.82 million from $31.53 million within the year-ago period. Earnings per diluted share rose to $0.56 from $0.33 a yr ago.

Total company net sales increased 5.9 percent to $1.11 billion, from $1.05 billion within the year-ago period.

The financial report, released after the stock market closed, apparently pleased investors who pushed the share price up 8 percent, or $2.16, to $28.82.

“The hostile operating environment of the last three years has finally abated,” Richard A. Hayne, chief executive officer, said during a conference call Tuesday after the outcomes were released. “Freight rates have normalized and provide chain speed and reliability have returned, Our IMU (initial markup) improvement initiatives have grow to be to bear fruit. And total inventories are down from last yr and once more growing at a slower rate than sales.”

Hayne said that his Anthropologie and Free Peoplethe merchants have done an “outstanding job with fashion and customers are obviously responding,” adding that the brands are “hitting more fashion silhouette sensibilities. All categories are working and we’re seeing that comp success. The product mix is slightly bit different this yr, in some cases creating higher AUR (average unit retail prices) and lower markdowns. We’ve higher marketing across each brands.”

While Free People and Anthropologie, in addition to the Nuuly rental business all performed, Urban Outfitters continued to dissapoint, though Hayne said, “We’re planning for higher women’s apparel comps for back-to-school starting in July.”

Citing three reasons for the weak Urban Outfitter performance, Hayne said, “The macro climate is working against the Urban Outfitter customer, as people’s take home pay continues to erode from inflationary pressures. The product just isn’t where it ought to be but we have now made strides particularly in the ladies’s area. And within the quarter, we planned inventory too lean and didn’t allow women’s apparel sales to bloom in addition to they could have.”

Executives said they see the most important store growth opportunities with Free People, and Florida is the state where there may be the most important opportunity for more doors. Regionally, the Southeast, Southwest and Midwest are performing best when it comes to the corporate’s store fleet.

“We’re pleased to report record first-quarter sales and earnings per share driven by a 5 percent increase in comparable retail segment sales, strong growth in Nuuly Rent and a big improvement in gross margins,” Hayne said in a prepared statement. “We’re equally pleased that Q1’s sales strength has continued quarter-to-date.”

Retail sales increased 4 percent, with comparable sales increasing 5 percent, partially offset by a 1 percent negative impact of foreign currency translation. The rise in retail comparable net sales was driven by high single-digit positive growth in digital channel sales and low single-digit positive growth in retail store sales.

By brand, comparable retail sales increased 17 percent on the Free People Group and 13 percent on the Anthropologie Group, but decreased 13 percent at Urban Outfitters.

Wholesale segment net sales decreased 11 percent driven by a 14 percent fall in Free People Group wholesale sales on account of a decrease in sales to shops and specialty customers, while Urban Outfitters wholesale sales increased by $1 million.

Nuuly segment net sales increased by $28.6 million driven by a 118 percent increase in subscribers.

Urban Outfitters’ portfolio consists of 260 Urban Outfitters stores within the U.S., Canada and Europe; 237 Anthropologie Group stores within the U.S., Canada and Europe; 193 Free People stores (including 33 FP Movement stores) within the U.S., Canada and Europe; 10 Menus & Venues restaurants; seven Urban Outfitters franchisee-owned stores, and two Anthropologie Group franchisee-owned stores. The corporate also operates web sites and catalogues for its various brands.