The retailer's second-quarter net income increased 43% to $21.1 million, or $0.31 per share. Total sales increased 21% to $377.1 million, while same-store sales surged by 11%. (Comps had a slightly easy comparison, since they dipped 4% this time last year.)
Given the dramatic rise of Zumiez
Still, with Aeropostale succeeding for months now in the midst of a tough consumer climate, its shares have enjoyed similarly robust returns. The stock's up 47% in the last year, the kind of achievement precious few other retailers can boast these days. Only Buckle
But really, who cares about short-term stock moves? We Fools are all about finding great long-term investments at solid prices. In that regard, Aeropostale's trading at just around 18 times trailing earnings, and it has a PEG ratio of 0.98. I think those multiples look pretty compelling, given how widely its outperformed its retail rivals lately. I think Aeropostale's ability to fly steady amid economic turbulence makes it a stock worth Fools' attention.
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