Aeropostale (ARO) reports holiday sales fell 6% to $645M while sales at comparable stores declined 8%. CEO Thomas Johnson says sales and traffic "deteriorated significantly" after the Black Friday weekend. As a result of the sales shortfall, the outlook for Q4 EPS is lowered to $0.20-$0.24 from prior guidance of $0.36-$0.41. ARO -10.9% premarket.
Aeropostale (ARO) reports holiday sales fell 6% to $645M while sales at comparable stores...
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