Aeropostale January Same Store Sales up 1%; Raises Q4 EPS Guidance to $0.96 to $0.97

Aeropostale, Inc. ARO today announced that total net sales for the four-week period ended January 29, 2011 increased 7% to $120.4 million, from $112.5 million for the four-week period ended January 30, 2010. The Company's same store sales increased 1% for the month, compared to a same store sales increase of 6% in the year ago period. During the month, the Company made progress selling through its holiday product, while also transitioning to its new spring merchandise assortment. The Company also raised its fourth quarter earnings guidance to a range of $0.96 to $0.97 per share, versus its previously issued guidance of $0.94 to $0.96 per share.
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