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Aeropostale Profit Up 18% in 3Q

12/3/2008

New York City Aeropostale, Inc. reported its net income for the third quarter increased 18% to a record $42.6 million, compared to net income of $36.0 million in the same period last year.

For the third quarter of fiscal 2008, total net sales increased 17% to $482.0 million, from $412.6 million in the year-ago period.

Same-store sales for the third quarter increased 7%, compared to an increase of 2% in the year- ago period.

Total net sales for the four-week period ended Nov. 29 increased 5% to $200.9 million, from $192.2 million for the four-week period ended Dec. 1, 2007. The company’s same-store sales decreased 5% for the month, compared to a same-store sales increase of 7% in the year ago period.

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