Specialty retailer Aeropostale's Q4 sales gain 33.1%
10 Mar '06
1 min read
Mall-based specialty retailer of active and casual apparel for the teen market, Aeropostale, Inc reported results for the fourth quarter and fiscal year ended January 28, 2006.
Net income for the fourth quarter of fiscal 2005 was $41.8 million or $0.76 per diluted share, versus net income of $35.3 million or $0.62 per diluted share in the fourth quarter of fiscal 2004.
Fourth quarter of fiscal 2004 earnings were reduced by $2.8 million or $0.05 per share due to a non-cash expense adjustment related to a correction in the Company's lease accounting policy.
Excluding this one time adjustment, pro-forma fourth quarter earnings were $38.1 million or $0.67 per share last year.