Aeropostale, Inc. (ARO) Will Delay 10-K Filing with SEC

April 3, 2014 4:35 PM EDT Send to a Friend

Aéropostale, Inc. (NYSE: ARO) will delay its 10-K filing with the U.S. SEC. The following was given as a reason:

As permitted under Securities & Exchange Commission rules, management of Aéropostale, Inc. (the “Company”) excluded from its fiscal 2012 assessment of internal control over financial reporting the internal control assessment at GoJane LLC (“GoJane”), which was acquired by the Company on November 13, 2012, and whose financial statements constituted 4.5% of total assets and 0.3% of net sales of the consolidated financial statement amounts as of and for the year ended February 2, 2013. The Company is unable to file its Annual Report on Form 10-K for the year ended February 1, 2014 (the “Form 10-K”) prior to the filing deadline because, as fiscal year 2013 was the first year GoJane is included in the Company’s assessment of internal control over financial reporting, additional documentation was necessary relating to internal control over financial reporting of GoJane. The Company expects to file its Form 10-K within the fifteenth calendar day following the date on which the Form 10-K was due.




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