More on Aeropostale (ARO): Q2 bottom line meets expectations, but top line revenue falls short. Overall sales were up slightly, but core basics business experienced significant pricing pressure due to the highly promotional and competitive retail environment. Comp-store sales fell 1%. The company also lowers Q3 earnings, now expecting its EPS to fall in a range of $0.25 to $0.30 per diluted share, below Street estimates of $0.38. Shares -7.5% AH.
More on Aeropostale (ARO): Q2 bottom line meets expectations, but top line revenue falls short....
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