More on Aeropostale (ARO): Q1 beats on revenue as total sales managed a slight 6% gain versus...

|By:, SA News Editor

More on Aeropostale (ARO): Q1 beats on revenue as total sales managed a slight 6% gain versus the prior year. Net earnings slipped 35% Y/Y however, due to weaker margins and flat same-store sales. The company also forecast Q2 towards the lower end of estimates. Gross margin narrowed to 28% from 29.1% as input costs increased 7.7%. Shares +1.6% AH.