Printer Friendly
The Free Library
4,658,612 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Aeropostale Lifts Outlook Again


Today's teenagers have many choices to make. One of the toughest is "What should I wear?"

Aeropostale ARO is among many specialty retailers and department stores willing to help with that answer.

The New York-based company operates more than 750 mall-based stores in 47 states.

It revamped its stores with new wooden floors, music, fixtures and lighting to try to build brand awareness.

The company also runs 14 Jimmy'Z stores, which focus on clothing with an attitude. An expansion of about 85 stores is in the works for the year, with 10 of those in Canada, marking the firm's first international endeavor.

Aeropostale's March same-store sales jumped 15.9%, nearly double estimates. In early April it boosted its Q1 outlook to 22-23 cents a share from 19-21 cents.

But like many other retailers, its April sales fizzled, tumbling 14% or far worse than the 2.5% decline expected by analysts.

However, Aeropostale raised guidance again. It now sees Q1 profit of 24 cents to 25 cents. That would represent growth of 50% -- the best since the second quarter of fiscal 2005. Aeropostale reports results May 24.

Copyright 2007 Investor's Business Daily
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright (c) Mochila, Inc.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Author:VINCENT MAO
Publication:Investors Business Daily
Date:May 11, 2007
Words:185
Previous Article:Some Leaders End Up OK Despite Market's Sell-Off
Next Article:After The Close - Friday



Related Articles
IN THE BAG SALES UP AS HOLIDAY SHOPPERS RETURN.(News)(Statistical Data Included)
Aeropostale to Present at the Deutsche Bank Small Cap Growth Conference.
Schaeffer's Upon Further Review Highlights the Following Stocks: Aeropostale, Sun Microsystems, and Target.
Aeropostale Reports Second Quarter Fiscal 2006 Results.
Aeropostale Reports October Sales Results.
Retailer expands to 90,000 s/f.(NATIONAL)
S&P 500 Falls, Small Caps Lag As Trade Slips
Retailer of Youthful Fashion Puts A New Veneer On Profit Growth

Terms of use | Copyright © 2008 Farlex, Inc. | Feedback | For webmasters | Submit articles