Aeropostale, Inc. (ARO) Tops Q1 EPS by 1c; Guide for Wide Q2 Loss
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Bulls and Bears Do Battle in Aeropostale (ARO); Turnaround Intact?
May 24, 2013 8:56 AM EDTIn the wake of Aeropostale's (NYSE: ARO) disappointing Q1 report yesterday, many are questioning the viability of the company's turnaround efforts. This morning several analysts commented with thoughts on Aeropostale. Brean's Eric Beder made the argument for bears. Wedbush analyst Betty Chen argued the bull case.
Yesterday Aeropostale reported Q1 EPS of ($0.16), $0.01 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $452.3 million versus the consensus estimate of $444.26 million. Comps decreased 14%. Q2 guidance was below the Street at ($0.20)-($0.15) versus the consensus of... More

