Aeropostale, Inc. (ARO) - NYSE
  • Thu, Mar. 17, 6:16 PM
    • "The Board of Directors of Aéropostale has authorized management to explore a full range of strategic and financial alternatives, including a potential sale or restructuring of the Company," says Aeropostale (NYSE:ARO) in its FQ4 report. Stifel has been hired to help out.
    • Aeropostale also notes it's in a dispute with MGF Sourcing, an affiliate of P-E investor Sycamore Partners. The apparel retailer notes the dispute "is causing a disruption in the supply of some merchandise, which, if unresolved, could cause a liquidity constraint." Aeropostale's 2014 financing deal with Sycamore included an apparel-sourcing agreement with MGF.
    • Shares are down 50% after hours to $0.24 after Aeropostale missed FQ4 sales estimates (EPS was in-line) and reported a 6.7% Y/Y drop in comparable sales (slightly better than FQ3's 10% drop). Gross margin fell 240 bps Y/Y to 20.3%. SG&A spend was 24.1% of revenue vs. 24.7% a year ago.
    • FQ1 guidance is for EPS of -$0.35 to -$0.42 vs. a -$0.40 consensus. Aeropostale notes the MGF dispute could increase its op. loss by $5M-$8M if it continues experiencing shipping delays. The FY16 (ends Jan. '17) capex budget is a modest $14M (compares with FY15 capex of $15.7M).
    • 811 stores were open at the end of FQ4, down by 13 Q/Q and 47 Y/Y. Aeropostale ended FQ4 with $65.1M in cash and $143M in debt.
    • Aeropostale's FQ4 results, earnings release
    | Thu, Mar. 17, 6:16 PM | 17 Comments
  • Thu, Mar. 17, 4:17 PM
    • Aeropostale (NYSE:ARO): Q4 EPS of -$0.14 in-line.
    • Revenue of $498M (-16.1% Y/Y) misses by $21.69M.
    • Shares -6%.
    • Press Release
    | Thu, Mar. 17, 4:17 PM | 2 Comments
  • Wed, Mar. 16, 5:35 PM
  • Dec. 2, 2015, 4:22 PM
    • Aeropostale (NYSE:ARO): Q3 EPS of -$0.31 beats by $0.04.
    • Revenue of $363.3M (-19.8% Y/Y) misses by $29.37M.
    • Shares +2.29%.
    | Dec. 2, 2015, 4:22 PM | 1 Comment
  • Dec. 1, 2015, 5:35 PM
    | Dec. 1, 2015, 5:35 PM | 2 Comments
  • Aug. 27, 2015, 4:13 PM
    • Aeropostale (NYSE:ARO): Q2 EPS of -$0.56 misses by $0.01.
    • Revenue of $326.9M (-17.5% Y/Y) misses by $8.77M.
    • Shares -2.4%.
    | Aug. 27, 2015, 4:13 PM | 1 Comment
  • Aug. 26, 2015, 5:35 PM
    | Aug. 26, 2015, 5:35 PM | 6 Comments
  • May 21, 2015, 4:10 PM
    • Aeropostale (NYSE:ARO) reports comparable-store sales fell 11% in Q1 vs. expectations for a -9.5% comp.
    • The company acknowledged its merchandise assortment was off-message during the quarter and pointed to the West Coast port slowdown as well as cold weather as negative factors.
    • Gross profit rate +80 bps to 18.6%.
    • SG&A expense rate +110 bps to 31.3%.
    • Store count -232 Y/Y to 849.
    • AEO -1.54% after hours.
    | May 21, 2015, 4:10 PM
  • May 21, 2015, 4:10 PM
    • Aeropostale (NYSE:ARO): Q1 EPS of -$0.56 misses by $0.01.
    • Revenue of $318.6M (-19.5% Y/Y) misses by $6.4M.
    | May 21, 2015, 4:10 PM
  • May 20, 2015, 5:35 PM
    | May 20, 2015, 5:35 PM | 1 Comment
  • Mar. 12, 2015, 4:50 PM
    • Aeropostale (NYSE:ARO) is guiding for FQ1 EPS of -$0.53 to -$0.61, below a -$0.36 consensus. FQ4 revenue, though officially beating estimates, was close to the guidance provided on Feb. 9; EPS was slightly above.
    • The apparel retailer is "considering" closing 50-75 stores in FY15 (ends Jan. '16), along with one P.S. from Aeropostale store. It plans to open 1 store and remodel 13 others.
    • As previously forecast, comparable sales (including e-commerce) fell 9% Y/Y in FQ4, a little better than FQ3's 11% drop and FQ2's 13%. Gross margin rose to 22.7% from 13%, and SG&A spend fell to 24.7% of revenue from 24.9% - in dollars, it was down 12% to $146.7M.
    • Aeropostale ended January with $151.8M in cash and $138.5M in long-term debt. It had no borrowings outstanding under its $116.8M credit facility. It had 860 stores open, down from 1,052 at the end of FQ3 and 1,100 a year ago.
    • Shares have fallen to $3.47 AH.
    • FQ4 results, PR
    | Mar. 12, 2015, 4:50 PM
  • Mar. 12, 2015, 4:03 PM
    • Aeropostale (NYSE:ARO): FQ4 EPS of $0.01 beats by $0.04.
    • Revenue of $593.8M (-11.4% Y/Y) beats by $17.02M.
    • Shares -1.62%.
    | Mar. 12, 2015, 4:03 PM
  • Mar. 11, 2015, 5:35 PM
  • Feb. 9, 2015, 6:24 PM
    • Aeropostale's (NYSE:ARO) FQ4 sales totaled $594.5M, -11% Y/Y but above a $577.7M consensus. Comparable sales fell 9%, a smaller decline than FQ3's 11% and FQ2's 13%.
    • The company now expects FQ4 EPS of -$0.01 to -$0.06, above prior guidance of -$0.25 to -$0.31 and a -$0.27 consensus.
    • CFO Marc Miller is being moved over to the role of COO. He'll now be responsible for "all aspects of supply chain management, including production, planning and allocation, and logistics, real estate and construction," as well as HR, strategic planning, and new business development.
    • David Dick, the CFO of now-bankrupt dELIA's from 2009-2014, is Aeropostale's new CFO.
    • Shares have soared to $3.20 AH.
    | Feb. 9, 2015, 6:24 PM
  • Dec. 3, 2014, 5:49 PM
    • Though Aeropostale (NYSE:ARO) beat FQ3 revenue estimates and posted in-line EPS, it's guiding for FQ4 EPS of -$0.37 to -$0.44, below a -$0.36 consensus.
    • The apparel retailer ended FQ3 with $109.2M in cash, down from $152.3M at the end of FQ2. Long-term debt rose by $2.4M to $136M. Merchandise inventory totaled $211.1M vs. $213M at the end of FQ2 and $262.6M a year ago.
    • Comparable sales (including e-commerce) fell 11% Y/Y, after having fallen 13% in FQ2.
    • Gross margin fell 190 bps Y/Y to 15.2%. SG&A spend fell 6% to $121.3M, but grew as a % of revenue (26.8% vs. 25.1%).
    • 1,052 stores were open at quarter's end, down from 1,072 at the end of FQ2 and 1,124 a year earlier.
    • FQ3 results, PR
    | Dec. 3, 2014, 5:49 PM | 1 Comment
Company Description
Aéropostale, Inc. is a retailer of casual apparel and accessories which focuses in the selection of fashion basic merchandise. It operates through Retail Stores and E-commerce, and International Licensing segments. The Retail Stores and E-commerce segment includes the aggregation of the... More
Sector: Services
Industry: Apparel Stores
Country: United States