Aeropostale quarterly profit rises slightly
(Reuters) - Teen apparel retailer Aeropostale Inc (ARO.N) posted a slightly higher quarterly profit after it had warned of a weak back-to-school season.
For the quarter ended October 27, Aeropostale, which competes with American Eagle Outfitters (AEO.N), Forever21 and others, earned $24.9 million, or 31 cents a share, compared with $24.1 million, or 30 cents a share, in the same quarter last year.
Sales rose 2 percent to $605.9 million.
Aeropostale shares closed at $14.12 Wednesday on the New York Stock Exchange.