Aeropostale (ARO) Comps Down 8%; Cuts Q4 EPS 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
Brean Capital Downgrades Aeropostale, Inc. (ARO) to Hold after Weak Q4 Guidance
January 10, 2013 10:27 AM ESTBrean Capital downgraded Aeropostale, Inc. (NYSE: ARO) from Buy to Hold.
The firm comments, "We are pulling back in the near term, after Aeropostale registered highly disappointing Holiday comps and materially cut 4Q guidance. While Black Friday results were solid, the rest of the Holiday season was washed... More
