Aeropostale (ARO) falls 19.9%, reaching a new 52-week low, after the company announces Q2 sales...


Aeropostale (ARO) falls 19.9%, reaching a new 52-week low, after the company announces Q2 sales declined 5% Y/Y to $468.2M (below a $490.9M consensus), and same-store sales fell 14%. Aeropostale blames the shortfall on "a lack of balance" to merchandise assortments, and "continued promotional and macroeconomic challenges."

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Comments (1)
  • Wyatt Junker
    , contributor
    Comments (4498) | Send Message
     
    Thanks sellers. I'll buy your shares.

     

    *chuckle*

     

    And as oil keeps falling as well as cotton, I'll buy more.

     

    The SM is retarded.
    4 Aug 2011, 11:09 AM Reply Like
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