Aeropostale makes seamless transition into spring selling season
09 Feb '07
3 min read
Aeropostale Inc announced that total net sales for the five-week period ended February 3, 2007 increased 41.1% to $90.4 million, from $64.0 million for the four-week period ended January 28, 2006 and increased 13.3% on a pro-forma basis for the comparable five-week period last year. Same store sales for the month increased 5.4%, compared to the corresponding five-week period last year.
Total sales for the fourth quarter ended February 3, 2007 (14 weeks) increased 16.5% to $506.8 million, from $435.2 million for the fourth quarter ended January 28, 2006 (13 weeks) and increased 12.4% on a pro-forma basis for the comparable fourteen-week period last year.
Same store sales for the fourth quarter increased 2.2%, compared to the corresponding fourteen-week period last year.
Total net sales for Fiscal 2006 (53 weeks) increased 17.4% to $1.413 billion, from $1.204 billion for Fiscal 2005 (52 weeks) and increased 15.8% on a pro-forma basis for the comparable fifty-three week period last year. Same store sales for Fiscal 2006 increased 2.0%, compared to the corresponding fifty-three week period last year.
Julian R. Geiger, Chairman and Chief Executive Officer said, "We are very pleased with our results for January, which exceeded both our sales and gross margin plans. During the month we were able to make significant progress in clearing through our residual holiday merchandise. As a result, we ended the month with less clearance inventory versus last year, we made a seamless transition into the spring selling season and we positioned ourselves well to capitalize on opportunities that were under-funded last spring."
marketing@alchempro.com
