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Aeropostale (ARO) July Comps Up 13%; Raises EPS Guidance

August 7, 2008 8:08 AM EDT
Aeropostale, Inc. (NYSE: ARO) same store sales increased 13% for July. Total sales increased 24% to $138.8 million.

Based on better than expected sales and gross margins for the month, the Company now believes it will achieve second quarter earnings of $0.30 to $0.31 per share, versus its previously issued guidance of $0.25 to $0.26 per share. The consensus is $0.26.

Aeropostale, Inc. is a mall-based, specialty retailer of casual apparel and accessories, principally targeting 14 to 17 year-old young women and men

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