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)

You May Also Be Interested In

• Apple announced foldable iPhone Duo, starting at $1,999
• Skillsoft (SKIL) Tops Q2 EPS by 14c; Offers Guidance
• Korn Ferry (KFY) Tops Q1 EPS by 7c, Beats on Revenue; Offers Q2 EPS Guidance