Aeropostale (ARO) Oct Comps Up 5.6%, Boosts Q3 EPS Guidance

November 2, 2006 8:12 AM EST
Aeropostale, Inc. (NYSE: ARO) said October comparable store sales increased 5.6% for the month. Total net sales for the four-week period ended October 28, 2006 increased 18.3% to $99.2 million.

Based on the stronger than expected sales and margins for October, the company now expects to report third quarter earnings in the range of $0.60 - $0.61 per diluted share, versus its previously issued guidance in the range of $0.58 - $0.59 per diluted share. The consensus is $0.60.

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Guidance, Retail Sales