Aeropostale (ARO) June Comps Up 12%; Raises EPS Guidance
More News related to ARO
- Barclays Initiates Coverage on Aeropostale (ARO) with an Equalweight
- Analyst Reports for Aeropostale Inc., The Gap Inc., MPS Group Inc. and MGM MIRAGE
- David Moenning's Daily State of the Markets: 9/10
- Citi Upgrades Aeropostale (ARO) to Hold
- Aeropostale to Present at the Wachovia Consumer Growth Conference
More News related to Guidance
- Trading Radar for 10/16: Google (GOOG), Citi (C), Merrill Lynch (MER), Nokia (NOK), SunPower (SPWRA), AMD (AMD) Report; CPI, Crude Inventories, Initial Jobless Claims Due
- Unusual 11 Mid-Day Movers 10/15: WPRT, FTBK, DUG, EEV Higher; SFI, CIM, TIN, SSCC Lower
- Notable Analyst Rating Changes 10/15: IBM, AAPL, DNA, HD, LOW, LVS Upgraded; DELL, EBAY, SSP Downgraded
- Notable Mergers and Acquisitions of the Day 10/15: EPIC, AOC/MCY, MXIM
- Morning Movers 10/15: Coca-Cola (KO) Higher On Solid Results; eBay (EBAY) Lower On Downgrade
Aeropostale, Inc. (NYSE: ARO) June same store sales increased 12%. Total net sales for the five-week period ended July 5, 2008 increased 22% to $136.0 million.
Based on the better than expected sales and gross margins for the month, the Company now believes it will achieve second quarter earnings of $0.25 to $0.26 per share, versus its previously issued guidance of $0.22 to $0.24 per share. The Wall Street consensus is $0.24.
Related Categories
GuidanceHot List
Retail Sales
Stocks Mentioned
-1.80Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
