March 12, 2010, 12:00 AM

Aeropostale extends its e-commerce sales winning streak

Aeropostale Inc. finished 2009 the same way it began the year: on an e-commerce roll. Web sales for the full year and the fourth quarter increased 48.1% and 42.0%, respectively.

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Aeropostale Inc. finished 2009 the same way it began the year: on an e-commerce roll.

For the year ended Jan. 30, Aeropostale , No. 156 in the Internet Retailer Top 500 Guide, reported:

  • Growth in its e-commerce channel of 48.1% to $129.0 million from $87.1 million in 2008.
  • Total sales increased 18.0% to $2.23 billion from $`1.89 billion in the prior year.
  • Comparable-store sales increased 10%.
  • Net income rose year over year 53.6% to $229.5 million from $149.4 million.

Based on calculations by Internet Retailer, the web accounted for 5.8% of total sales compared with 4.6% in 2008. “We continued to build upon our brand momentum and experienced record breaking periods for Aeropostale,” said co-CEOs Mindy C. Meads and Thomas P. Johnson. “These results were achieved through the power of our nimble and flexible operating model, combined with the hard work of our entire organization."

 

For the fourth quarter:

  • Growth in its e-commerce channel of 42.0% to $63.9 million from $45.0 million in 2008.
  • Total sales increased 16.1% to $801.2 million from $690.0 million in the prior year.
  • Comparable-store sales increased 9.0%.
  • Net income rose year over year 41.6% to $96.6 million from $68.2 million.

Based on calculations by Internet Retailer, the web accounted for 8.0% of total sales compared with 9.3% in the fourth quarter of 2008.

 

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