Piper Jaffray Downgrades Aeropostale, Inc. (ARO) to Neutral
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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
