Urban Outfitters (NYSE:URBN) announcing its second quarter results this morning. The retailer posted an EPS of 42 cents per share, above the street’s estimate of 33 cents. Revenue for the quarter rose to $676 million, also beating the average analyst estimate of $671.58 million.The boost in profit could be due to the company rehiring co-founder Richard Hayne as chief executive officer this past January. He was brought aboard to turn around Urban’s business after increased discounts caused profits to shrink.Online sales also rose for the quarter with Urban increasing its web-exclusive offerings by 75% from last year. This brought direct-to-consumer sales higher by 30%, which was a big contribution to its profit.Urban Outfitters is surging in early trading, up over 15% to $36.18.