Geiger returns as Aeropostale CEO; FQ2 results pre-announced

Two years after resigning as Aeropostale's (NYSE:ARO) CEO, Julian Geiger has returned to take the top job.

Thomas P. Johnson will be stepping down as CEO, and leaving Aeropostale's board. Geiger re-joined Aeropostale's board in May.

The struggling apparel retailer also says it had FQ2 sales of $396.2M (-13% Y/Y), slightly above a $395.4M consensus. Including $0.37-$0.39/share in charges, FQ2 EPS is expected to be in a range of -$0.80 to -$0.83.

Backing out charges, EPS is expected to be in a range of -$0.42 to -$0.45; consensus is at -$0.58. Comparable sales fell 13% Y/Y in FQ2, even with FQ1's decline.

ARO +9.6% AH.

From other sites
Comments (1)
  • reach
    , contributor
    Comments (74) | Send Message
    nuff said.
    18 Aug 2014, 10:13 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs