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Jo4321
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A little higher priced, (currently $42.48) but this has been on a pretty good run (my son has it in his "stock market game" at school) and today reported increased Guidance. I work in the schools and all the kids are wearing these clothes. (well, except maybe the EMO kids)

Aeropostale Reports Record March Sales Results

Last update: 4/12/2007 8:00:28 AM

Same store sales increase 15.9% Raises First Quarter Guidance NEW YORK, Apr 12, 2007

(BUSINESS WIRE) -- Aeropostale, Inc. (ARO), a mall-based specialty retailer of casual and active apparel for young women and men, today announced that total net sales for the five-week period ended April 7, 2007 increased 31.5% to $124.8 million, from $94.9 million for the five-week period ended April 1, 2006. Same store sales for the month increased 15.9%, compared to the corresponding five-week period ended April 8, 2006. Year-to-date, total net sales have increased 23.2% to $200.4 million, from $162.7 million in the year-ago period. Year-to-date, same store sales have increased 10.3%, compared to the corresponding period ended April 8, 2006.

Julian R. Geiger, Chairman and Chief Executive Officer said, "We are extremely pleased with our performance for the month. Our results reflect a strong reaction to our spring merchandise assortment, and a high-single digit comp store sales benefit from the shift in Easter.

During the month we experienced broad-based strength across all of our merchandise categories - women's, men's and accessories. We were also able to achieve significant increases in both our merchandise margins and average unit retails, while managing our inventories. We are gratified by our strong and consistent performance over the past several months and we remain excited about our future opportunities."

The company also updated guidance for the first quarter of fiscal 2007. The company now expects net earnings in the range of $0.22-$0.23 per diluted share, versus its previously issued guidance of $0.19-$0.21 per diluted share. This compares to net earnings of $0.15 per diluted share in the first quarter last year.

The company believes that the disclosure of sales on a pro-forma basis due to the 53rd week in fiscal 2006, which is a non-GAAP financial measure, provides investors useful information to help them better understand the company's expected results.

To hear the Aeropostale prerecorded March sales message, please dial (877) 519-4471, followed by the conference identification number #8288610. About Aeropostale, Inc. Aeropostale, Inc. is a mall-based, specialty retailer of casual apparel and accessories, principally targeting 14 to 17 year-old young women and men. The company provides customers with a focused selection of high-quality, active-oriented, fashion and fashion basic merchandise at compelling values. Aeropostale maintains control over its proprietary brands by designing, sourcing, marketing and selling all of its own merchandise.

Aeropostale products are currently purchased only in its stores, on-line through its e-commerce website () or at organized sales events at college campuses. The company currently operates 736 Aeropostale stores in 47 states and 14 Jimmy'Z stores in 11 states.

SPECIAL NOTE: THIS PRESS RELEASE AND ORAL STATEMENTS MADE FROM TIME TO TIME BY REPRESENTATIVES OF THE COMPANY CONTAIN CERTAIN "FORWARD-LOOKING STATEMENTS" CONCERNING EXPECTATIONS FOR SALES, STORE OPENINGS, GROSS MARGINS, EXPENSES, STRATEGIC DIRECTION AND EARNINGS. ACTUAL RESULTS MIGHT DIFFER MATERIALLY FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. AMONG THE FACTORS THAT COULD CAUSE ACTUAL RESULTS TO MATERIALLY DIFFER INCLUDE, CHANGES IN THE COMPETITIVE MARKETPLACE, INCLUDING THE INTRODUCTION OF NEW PRODUCTS OR PRICING CHANGES BY OUR COMPETITORS, CHANGES IN THE ECONOMY AND OTHER EVENTS LEADING TO A REDUCTION IN DISCRETIONARY CONSUMER SPENDING; SEASONALITY; RISKS ASSOCIATED WITH CHANGES IN SOCIAL, POLITICAL, ECONOMIC AND OTHER CONDITIONS AND THE POSSIBLE ADVERSE IMPACT OF CHANGES IN IMPORT RESTRICTIONS; RISKS ASSOCIATED WITH UNCERTAINTY RELATING TO THE COMPANY'S ABILITY TO IMPLEMENT ITS GROWTH STRATEGIES, AS WELL AS THE OTHER RISK FACTORS SET FORTH IN THE COMPANY'S FORM 10-K AND QUARTERLY REPORTS ON FORM 10-Q, FILED WITH THE SECURITIES AND EXCHANGE COMMISSION. THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENTS TO REFLECT SUBSEQUENT EVENTS OR CIRCUMSTANCES. SOURCE: Aeropostale, Inc.

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"Great Day for Up!"....Dr. Seuss

Posts: 3387 | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
   

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