Mall-based specialty retailer of casual and active apparel for young women and men, Aeropostale Inc announced that total net sales for the four-week period ended November 26, 2005 increased 26.7 percent to $134.3 million, compared to $106.0 million for the four-week period ended November 27, 2004.
The company's comparable store sales increased 7.3 percent for the month, versus a comparable store sales increase of 4.1 percent in the year ago period.
Year-to-date, total net sales increased 21.6 percent to $903.4 million, compared to $743.1 million in the year-ago period.
Year to date, comparable store sales increased 0.9 percent, compared to an increase of 11.5 percent in the year-ago period.
Julian R. Geiger, Chairman and Chief Executive Officer said, "They are pleased with their overall sales performance for November, which was driven by a strong Thanksgiving week.
Their holiday merchandise assortment and compelling promotions enabled them to achieve a comparable store sales increase in excess of 30 percent over the Friday and Saturday following Thanksgiving Day.
They achieved comparable stores sales in excess of 10 percent during the same period last year.
Their gross margins for the month were in line with their plan and they continue to make progress on clearing through their excess inventory position."
Aeropostale Inc is a mall-based, specialty retailer of casual apparel and accessories, principally targeting 11 to 18 year-old young women and men.
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