ARO June Comps Up 2%; Warns for Q2 EPS

Aeropostale, Inc. (NYSE: ARO) said June comparable store sales increased 2.0% for the month, versus a comparable store sales increase of 21.3% in the year ago period. Based on the company's increased promotional activity during the month, the company now believes it will achieve earnings per share for the second quarter between $0.16 - $0.19 per diluted share versus its previously issued guidance of $0.20-$0.23 per diluted share (consensus is $0.22)

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