The company also updated its earnings guidance for the second quarter today. It expects second quarter earnings in the range of $0.14 - $0.15 per diluted share (which includes $0.02 per diluted share of other income in connection with the settlement of a dispute with a vendor regarding the enforcement of the company's intellectual property rights) versus its previously issued guidance range of $0.15 - $0.17 per diluted share (before recognition of the other income described above).
Earnings per diluted share, excluding other income, are expected to be in the range of $0.12 - $0.13 per diluted share for the second quarter.
Aeropostale Inc is a mall-based, specialty retailer of casual apparel and accessories, principally targeting 14 to 17 year-old young women and men.
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