Aeropostale (ARO) Posts Surprise Q4 Profit; Comps Fell 9%
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Aeropostale Reports Results For Fourth Quarter And Fiscal 2014
March 12, 2015 4:01 PM EDTNEW YORK, March 12, 2015 /PRNewswire/ -- Aeropostale, Inc. (NYSE: ARO), a mall-based specialty retailer of casual apparel for young women and men, today reported results for the fourth quarter and fiscal 2014, and provided guidance for the first quarter of fiscal 2015.
Fourth Quarter PerformanceFor the fourth quarter of fiscal 2014, net sales decreased 11% to $593.8 million, from $670.0 million in the year ago period. Fourth quarter comparable sales, including the e-commerce channel, decreased 9%, compared to a decrease of 15% for the corresponding period of the prior year.
The Company reported a net loss for... More
