Us Aeropostale Youth Brand Apparel Sales Rose Second Quarter 4%
Data show that Aeropostale The net sales of the company in the second quarter of fiscal 2012 rose from $468 million 200 thousand in the same period last year to 485 million 300 thousand US dollars, up 4%. In the two quarter of this year, Aeropostale's same store sales (excluding online stores) decreased by 1% compared with the same period last year.
Aeropostale is the most popular teenager in the United States. Clothing brand One of. Recently, Aeropostale announced its second quarter financial report in fiscal 2012.
Data show that Aeropostale's net sales in the second quarter of fiscal 2012 rose from $468 million 200 thousand in the same period last year to $485 million 300 thousand, up 4%. In the two quarter of this year, Aeropostale's same store sales (excluding online stores) decreased by 1% compared with the same period last year.
In the second quarter of this year, Aeropostale's net income was about $100 thousand (diluted earnings per share was zero). The company's net income in 2011 was $2 million 900 thousand (diluted earnings per share of $0.04). In the two quarter of this year, Aeropostale's net business revenue increased from $25 million 100 thousand in the same period last year to $31 million 900 thousand, or 27%.
Aeropostale CEO Thomas P. Johnson commented: "customer support for Aeropostale products is very encouraging. However, we were disappointed about the company's overall performance in the second quarter. Increase in promotional expenses and Retail The overall competitive environment has put pressure on our product prices. "
In addition, at the end of the two quarter of fiscal year 2012, Aeropostale had $169 million 600 thousand in cash and cash equivalents, and no debt.
Based on the flat performance of the two quarter, Aeropostale's expected earnings for the third quarter were diluted $0.25 to $0.3 per share. Net income in the third quarter of 2011 was $0.3 per diluted share.
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