Aeropostale (ARO) Reports In-Line Q3 EPS; Issues Light Q4 Outlook
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Go back to Aeropostale (ARO) Reports In-Line Q3 EPS; Issues Light Q4 Outlook
December 4, 2014 7:08 AM EST
Stifel maintains Aeropostale at Hold following Q3 results reported after markets closed Wednesday.
Analyst Richard Jaffe noted that Aeropostale's Q3 adjusted loss of $0.45 per share was just about flat with the firm's estimate. Lower traffic and increased promotions hit the retailer's quarterly performance.
Jaffe highlighted key takeaways from the report:
Divergent Results in November During much of November the company achieved low single digit increases in both comparable sales and comparable gross margin...
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December 3, 2014 12:32 PM EST
Aeropostale is trading higher Wednesday afternoon heading into the company's Q3 report, which is expected out after markets close.
The Street is looking for Aeropostale to report Q3 loss of $0.45 per share on revenue of $444.7 million, from a loss of $0.29 and revs of $541.6 million posted in the same... More
