Aeropostale profit plummets in Q1

New York City – Aeropostale reported Thursday that net income for the first quarter decreased 64% to $16.4 million, compared to $45.4 million last year.



Revenue rose 1% to $469.2 million, from $463.6 million. Same-store sales decreased 7%.



The company opened nine Aeropostale and seven P.S. from Aeropostale stores, and closed one Aeropostale store during the quarter.