NEW YORK--(BUSINESS WIRE)--July 6, 2006--Aeropostale, Inc. (NYSE:
ARO), a mall-based specialty retailer of casual and active apparel for
young women and men, today announced that total net sales for the
five-week period ended July 1, 2006 increased 22.7% to $105.8 million,
compared to $86.2 million for the five-week period ended July 2, 2005.
The company's comparable store sales increased 5.3% for the month,
versus a comparable store sales increase of 2.0% in the year ago
period.
Fiscal year to date, total net sales have increased 18.2% to
$426.0 million, compared to $360.5 million in the year-ago period.
Fiscal year to date, comparable store sales decreased 0.7%, versus a
comparable store sales increase of 2.2% in the year-ago period.
Julian R. Geiger, Chairman and Chief Executive Officer said, "We
are pleased with our results for the month, which were driven by
increases in both our average unit retails and transactions. The
reaction to our merchandise assortment continues to be positive and we
are encouraged by our momentum as we head into the back to school
selling season."
To hear the Aeropostale prerecorded June sales message, please
dial (888) 203-1112 followed by the conference identification number
#4127309.
About Aeropostale, Inc.
Aeropostale, Inc. is a mall-based, specialty retailer of casual
apparel and accessories, principally targeting 14 to 17 year-old young
women and men. The company provides customers with a focused selection
of high-quality, active-oriented, fashion and fashion basic
merchandise at compelling values. Aeropostale maintains control over
its proprietary brands by designing, sourcing, marketing and selling
all of its own merchandise. Aeropostale products are currently
purchased only in its stores, on-line through its e-commerce website
(www.aeropostale.com) or at organized sales events at college
campuses.
The company currently operates 711 Aeropostale stores in 47 states
and 14 Jimmy'Z stores in 11 states.
SPECIAL NOTE: THIS PRESS RELEASE AND ORAL STATEMENTS MADE FROM
TIME TO TIME BY REPRESENTATIVES OF THE COMPANY CONTAIN CERTAIN
"FORWARD-LOOKING STATEMENTS" CONCERNING EXPECTATIONS FOR SALES, STORE
OPENINGS, GROSS MARGINS, EXPENSES, STRATEGIC DIRECTION AND EARNINGS.
ACTUAL RESULTS MIGHT DIFFER MATERIALLY FROM THOSE PROJECTED IN THE
FORWARD-LOOKING STATEMENTS. AMONG THE FACTORS THAT COULD CAUSE ACTUAL
RESULTS TO MATERIALLY DIFFER INCLUDE, AMONG OTHERS, CHANGES IN THE
COMPETITIVE MARKETPLACE, INCLUDING THE INTRODUCTION OF NEW PRODUCTS OR
PRICING CHANGES BY OUR COMPETITORS, CHANGES IN THE ECONOMY AND OTHER
EVENTS LEADING TO A REDUCTION IN DISCRETIONARY CONSUMER SPENDING;
SEASONALITY; RISKS ASSOCIATED WITH CHANGES IN SOCIAL, POLITICAL,
ECONOMIC AND OTHER CONDITIONS AND THE POSSIBLE ADVERSE IMPACT OF
CHANGES IN IMPORT RESTRICTIONS; RISKS ASSOCIATED WITH UNCERTAINTY
RELATING TO THE COMPANY'S ABILITY TO IMPLEMENT ITS GROWTH STRATEGIES,
AS WELL AS THE OTHER RISK FACTORS SET FORTH IN THE COMPANY'S FORM 10-K
AND CURRENT REPORTS ON FORM 8-K, FILED WITH THE SECURITIES AND
EXCHANGE COMMISSION. THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE OR
REVISE ANY FORWARD-LOOKING STATEMENTS TO REFLECT SUBSEQUENT EVENTS OR
CIRCUMSTANCES.
CONTACT: Company Contact: Aeropostale, Inc.
Michael Cunningham/Chief Financial Officer
Kenneth Ohashi/VP, Investor Relations
(646) 452-1876
SOURCE: Aeropostale, Inc.