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Market Update Analysis: 
Aeropostale Third Quarter Earnings Call
Author: 123jump.com Staff
123jump.com
Last Update: 12:54 AM EST December 01 2006


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Aeropostale recorded 25% earnings increase over last year which exceeded the company’s initial expectations. The specialty apparel retailer achieved total net sales of $385 million, an increase of 18.7% driven by square footage growth of approximately 11% and a 5.6% comparable store sales increase. For the fourth quarter the company expects earnings in the range of 89 cents to 91 cents per share, including a 1 cent charge related to the expensing of stock options.

 
You mentioned there will be two more receipts of merchandise early in December and then later in December. What items are you planning to bring?

The merchandise that’s put on the floor prior to Christmas which is the post-Christmas one will have a change in color but not in weight. By the middle to end of January, there will be an introduction of new weight and colors, which will be more appropriate for the weather at that point.

Could you give the percentage of sales of men’s, women’s, and accessories during November?

Men’s was 25% for the month of November compared to 24% the year before, women’s was 59% compared to 61% the year before, and accessories was 16% compared to 15% the year before for the month of November.

What were the best performing accessory categories?

The hardest classifications in accessories were cold weather items, fragrance, dormwear, and footwear.
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