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More on Aeropostale (ARO): Q2 EPS and revenues miss estimates on a 93% plunge in profits as...

More on Aeropostale (ARO): Q2 EPS and revenues miss estimates on a 93% plunge in profits as markdowns and discounts decimate its gross margins. Same store sales dropped sharply as high-end competitors cut prices. The company lowers guidance for FY11, now expecting Q3 EPS to be between $0.02 to $0.03. Shares -8.9% AH.
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