Leading retailer of teenage apparel, Aeropostale Inc, on Wednesday posted a first-quarter profit of $592,000 on the back of a 50 per cent surge in sales and said May sales climbed almost 50 per cent as well.

The New York-based operator of more than 307 stores, which had a hugely successful IPO last month, said that profit compared to a $2m net loss in 2001 and said net sales soared to $85.1m partly thanks to 58 new stores.

It added May same-store sales jumped 19.1 per cent from the year prior and total sales for the four weeks ended June 1 soared 48.3 per cent to $26.7m from $18m last year.

For the second quarter, Aeropostale expects sales of $85m-$87m, for the third quarter sales of $158m-$164m and for the fourth quarter, net sales of $196m-$200m. It also plans to open 80 new stores and sees same-store sales growth in the mid-to-high single digits.