Brean Capital Downgrades Aeropostale, Inc. (ARO) to Hold after Weak Q4 Guidance
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Aeropostale (ARO) Turnaround Delayed, Not Dead Thinks Analyst
January 11, 2013 9:55 AM ESTYesterday Aeropostale (NYSE: ARO) reported holiday comps were down 8 percent, well below consensus estimates of down 2 percent. Aeropostale also reported sales declined 6 percent, reflecting weakness in core basics, including graphics and fleece.
Commenting on developments, analyst Lee J. Giordano of Imperial Capital... More
Aeropostale (ARO) Comps Down 8%; Cuts Q4 EPS Guidance
January 10, 2013 8:03 AM ESTAeropostale, Inc. (NYSE: ARO) said comparable sales, including the e-commerce channel, for the nine-week period ended December 29, 2012 decreased 8% compared to a 9% decrease last year. Comparable store sales, excluding the e-commerce channel, decreased 9%, compared to a 10% decrease last year.
Based on the lower... More
