Aeropostale (ARO) Misses Q1 EPS by 1c; Guides for Wide Q2 Loss

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Go back to Aeropostale (ARO) Misses Q1 EPS by 1c; Guides for Wide Q2 Loss

Aeropostale Reports Results For First Quarter Of Fiscal 2015

May 21, 2015 4:01 PM EDT

NEW YORK, May 21, 2015 /PRNewswire/ -- Aeropostale, Inc. (NYSE: ARO), a mall-based specialty retailer of casual apparel for young women and men, today reported results for the first quarter of fiscal 2015, and provided guidance for the second quarter of fiscal 2015.

First Quarter PerformanceFor the first quarter of fiscal 2015, net sales decreased 20% to $318.6 million, from $395.9 million in the year ago period. Comparable sales, including the e-commerce channel, for the first quarter decreased 11%, compared to a decrease of 13% for the corresponding 13-week period ended May 3, 2014.

The Company reported a net... More