Aeropostale CEO pleased with strong performance for Q1
25 May '07
3 min read
This compares to net income for the second quarter of fiscal 2006 of $8.4 million, or $0.16 per diluted share, (which included $2.1 million of other income in connection with the resolution of a dispute with a vendor regarding the enforcement of the Company's intellectual property rights). Net income, excluding other income, was $7.2 million, or $0.13 per diluted share for the second quarter of fiscal 2006.
The Company believes that the disclosure of sales on a pro-forma basis due to the 53rd week in fiscal 2006 and reporting diluted earnings per share which excluded other income in fiscal 2006, both of which are non-GAAP financial measures, provides investors useful information to help them better understand the Company's expected results without the impact of the two items described above.
The Company will be holding a conference call at 4:15 P.M. EDT to review its first quarter 2007 financial results.
marketing@alchempro.com
