NEW YORK ( TheStreet) -- True Religion ( TRLG) is running higher even as the rest of the retail sector retreats.

Despite concerns regarding the looming deadline for government to present a resolution to the debt-ceiling issue and weak GDP data, the premium denim retailer surged 13.1% to $33.59 in morning trading.

True Religion reported a 30% jump in its second-quarter profit, earning $9.4 million, or 38 cents per share, better than consensus estimates of 33 cents.

Revenue rose 20% to $98.3 million from $82.2 million, also ahead of forecasts of $91.6 million.

But overall, the S&P Retail Index dropped 0.4% to 536.15 Friday morning.

Vitamin Shoppe ( VSI) is one of the biggest decliners, plunging tk% to tk. While second-quarter profit and revenue both easily topped outlooks, costs rose 10.6%.

--Written by Jeanine Poggi in New York.

>To contact the writer of this article, click here: Jeanine Poggi.

>To follow the writer on Twitter, go to http://twitter.com/jpoggi.

>To submit a news tip, send an email to: tips@thestreet.com.

If you liked this article you might like

One of America's Biggest Vitamin Sellers Has a Major Amazon Problem

One of America's Biggest Vitamin Sellers Has a Major Amazon Problem

UGG Maker Deckers Urges Support for Directors

UGG Maker Deckers Urges Support for Directors

Marcato Pushes to Replace Entire Board at Ugg Shoemaker Deckers

Marcato Pushes to Replace Entire Board at Ugg Shoemaker Deckers

We Discovered Two Perfect Acquisitions Amazon Would Be Silly Not to Make
After Buying Whole Foods, Here Are Two Other Big Brands Amazon Could Buy Next