Aeropostale; the Power of Good Systems and the Right Market Position
For the quarter ended October 31, Aeropostale reported sales up almost 18% to $568 million. For nine
months, they rose almost 20% to $1.43 billion. Gross profit margin in the quarter rose from 36% in the
same quarter last year to 39.3%. For nine months, it was up from 34.4% to 37.5%. Selling, general and
administrative expenses were down as a percentage of sales for both the quarter and nine months
compared to the same period the prior year. New income was up almost 47% for the quarter to $62.6
million. It rose nearly 64% to $133 million for nine months.
