Aeropostale Q3 Profit Plummets as Teen Retail Turns More Promotional
New York—An increased level of markdowns, lower comparable store sales and pressured margins took a toll on Aeropostale, which reported Wednesday that its third quarter profit plummeted 59%. For the...
View ArticleDespite Sales Rise, Aeropostale Q1 Profit Hit by Costs
New York—Despite a sales increase, Aeropostale’s first quarter earnings dropped 35% on weaker margins and higher costs. For the quarter ended April 28, the teen-oriented specialty store reported...
View ArticleAéropostale Q3 Profit, Sales Exceed Expectations
New York—Aéropostale posted Thursday third quarter sales and earnings better-than-analysts expected. For the quarter ended Oct. 27, the teen oriented specialty retailer posted a net income increase of...
View ArticleAeropostale Posts “Disappointing” Q4 Loss, Forecasts Q1 Loss Too
New York—Aeropostale Inc. reported Thursday what it called “disappointing results:” the teen retailer swung into a fourth quarter loss and predicted a first quarter loss, sending its shares down in...
View ArticleAeropostale’s Stock Value Drops 40% After Poor Q2 Report
New York—Analysts indicated today that the fall in Aeropostale’s stock price—some 40% since the beginning of August—has hit bottom following the teen retailer’s poor second quarter report released...
View ArticleAéropostale Reports Dismal Q4; Arranges $150 Million Lifeline
New York—Aéropostale Inc. reported late Thursday its fifth straight quarterly loss as well as a 15% tumble in its comparable store sales. But help may be on the way for the troubled Millennial...
View ArticleAéropostale to Shut Kids Stores in Cost-Cutting Move
New York—After reporting its fifth consecutive quarterly loss and as Sycamore Partners takes a bigger share of it, Aéropostale Inc. said Wednesday it plans to shutter 125 doors of its P.S. stores and...
View ArticleAeropostale Q1 Loss Widens as Sales Slump
New York–Shares of Aeropostale Inc. sank to their lowest level in months after the beleaguered teen retail reported Thursday a widened first quarter loss and sales slump. Moreover, the second quarter...
View ArticleStruggles Continue for Aeropostale as Q2 Profit Falls
New York–Aeropostale has recorded second quarter figures in line with management guidance, but analysts believe the teen apparel retailer continues to struggle. In the three months to August 3, the...
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