Teen specialist retailer Aeropostale achieved almost static profits during the first quarter of fiscal 2006, despite comparable store sales falls of 2.9%.

Net income for the period ending 29 April was US$8.4m, compared to $8.6m in the same period last year, but net sales were up 16.4% to $246.3m.

Chairman and CEO Julian R Geiger said of the results: "We achieved our plan during the quarter by generating increases in our merchandise margins and in our average unit retails.

"Consistent with our operating strategy, we carefully controlled both the level of our inventories and the depth of our promotions. In addition, we have improved the balance of our merchandise assortment, integrating more fashion-forward looks into our mix."

The company said it expected flat- to single-digit comparable store sales increases in the second quarter of fiscal 2006.