Aeropostale (ARO) Reports In-Line Q4 EPS; Will Review Strategic Alternatives
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Aeropostale Reports Results for Fourth Quarter and Fiscal 2015
March 17, 2016 4:15 PM EDTNEW YORK, March 17, 2016 /PRNewswire/ -- Aéropostale, Inc. (NYSE: ARO), a mall-based specialty retailer of casual apparel for young women and men, today reported results for the fourth quarter of fiscal 2015, provided guidance for the first quarter of fiscal 2016, and announced a review of strategic and financial alternatives for the Company.
Fourth Quarter PerformanceFor the fourth quarter of fiscal 2015, net sales decreased 16.1% to $498.0 million, from $593.8 million in the year ago period. Comparable sales, including the e-commerce channel, for the fourth quarter decreased 6.7% compared to the fourth... More
