Aeropostale, Inc. (ARO) - NYSE
  • Thu, Apr. 7, 12:55 PM
    • Mall retailers are trading off today after the news on traffic trends from the small batch of monthly reporters didn't impress.
    • Another potential factor was the overall gloomy tone from Pacific Sunwear's (PSUN -45.3%) bankruptcy filing on younger consumers. The retailer noted that discretionary spending from the key demographic is going to dining and technology over apparel.
    • Notable decliners include J.C. Penney (JCP -5.1%), Nordstrom (JWN -4.5%), Dillard's (DDS -5.1%), Sears Holdings (SHLD -3.6%), Gap (GPS -3.8%), American Eagle Outfitters (AEO -3.9%), Urban Outfitters (URBN -3.9%), Abercrombie & Fitch (ANF -3%), Express (EXPR -2.2%), Guess (GES -2%), Bucke (BKE -10.2%), Zumiez (ZUMZ -4.4%), and  Aeropostale (ARO -9.6%).
    • Now read A Few Thoughts Inspired By Saturday Shopping 
    | Thu, Apr. 7, 12:55 PM | 28 Comments
  • 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
  • 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
  • Aug. 28, 2015, 12:46 PM
    | Aug. 28, 2015, 12:46 PM | 4 Comments
  • Jul. 29, 2015, 9:33 AM
    • UBS takes a dour view on Aeropostale (NYSE:ARO) due to recent sales trends and promotional pressure.
    • A Sell tag is assigned after UBS had the retailer sitting with a Neutral rating.
    • The investment firm more than halves its price target on ARO to take it to an even $1.
    • Aeropostale is down 4.76% to $1.40 in opening trades.
    | Jul. 29, 2015, 9:33 AM
  • Jul. 2, 2015, 12:45 PM
    | Jul. 2, 2015, 12:45 PM | 6 Comments
  • Jun. 23, 2015, 6:07 PM
    • NiSource spinoff Columbia Pipeline Group (CPGX) is taking Allegeheny Technologies' (NYSE:ATI) spot in the S&P 500. Allegheny will join the S&P MidCap 400.
    • Also joining the S&P 400: Casey's General Stores (NASDAQ:CASY), Graham Holdings spinoff Cable One, DuPont spinoff Chemours, and the post-spinoff Energizer (NYSE:ENR).
    • Getting dropped to the S&P SmallCap 600 from the 400: Unit Corp. (NYSE:UNT), Harsco (NYSE:HSC), and Semtech (NASDAQ:SMTC).
    • Also joining the S&P 600: Nektar (NASDAQ:NKTR), Masco spinoff TopBuild, and the new/post-spinoff Gannett (NYSE:GCI). Gannett's broadcast/digital spinoff Tegna (Pending:TGNA) will have old Gannett's spot in the S&P 500.
    • Getting dropped from the S&P 600, and not moving up: Aeropostale (NYSE:ARO), Paragon Offshore (NYSE:PGN), PetroQuest (NYSE:PQ), Quiksilver (NYSE:ZQK), and FXCM.
    • Leaving the S&P 400, and not moving elsewhere: Peabody (NYSE:BTU) and AOL (acquired by Verizon).
    • ATI -1% AH. UNT -0.7%. ARO -1.1%. PQ -1.9%. BTU -1.1%. NKTR +5.2%.
    | Jun. 23, 2015, 6:07 PM
  • Jun. 4, 2015, 4:50 PM
    • Aeropostale (NYSE:ARO) CEO Julian Geiger discloses he bought 250K shares over the last two days at prices ranging from $1.85-$2.04.
    • The purchases came with the hard-luck apparel retailer trading close to its 52-week low of $1.70. Shares have jumped to $2.14 in AH trading.
    | Jun. 4, 2015, 4:50 PM | 3 Comments
  • May 22, 2015, 11:26 AM
    • The confident tone from management at Aeropostale (ARO -14%) on the upcoming back-to-school season isn't helping sentiment on the retailer.
    • "We expect that the back-to-school period will represent a time when all of our efforts over the last nine months to change the trajectory of our business should come to fruition," said CEO Julian Eiger on yesterday's earnings call.
    • Investors are selling off Aeropostale as the weak Q1 earnings report and Q2 guidance shows cost-cutting and a reduction in store count haven't been quite enough to turn around profitability.
    • Investment firms Jeffries, Janney Montgomery Scott, Telsey Advisory Group, Mizuho, and FBR Capital have all dropped their price targets today on ARO.
    • Aeropostale earnings call transcript
    • Previously: Aeropostale misses by $0.01, misses on revenue (May. 21 2015)
    • Previously: Comps limp along at Aeropostale in Q1 (May. 21 2015)
    | May 22, 2015, 11:26 AM
  • May 22, 2015, 9:16 AM
    | May 22, 2015, 9:16 AM | 10 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 20, 2015, 8:31 AM
    • Aeropostale (NYSE:ARO) and Abercrombie & Fitch (NYSE:ANF) perk up in premarket trading after peer American Eagle Outfitters (NYSE:AEO) impresses with its Q1 report.
    • Retail analysts note American Eagle bumped up against a soft compare during the quarter, but praise management for cost-cutting and a tight inventory position.
    • Previously: American Eagle Outfitters beats by $0.03, beats on revenue (May. 20 2015)
    • Previously: More on American Eagle's Q1 (May. 20 2015)
    • Premarket: AEO +6.7%, ARO +0.5%, ANF +1.1%.
    | May 20, 2015, 8:31 AM
  • Apr. 6, 2015, 5:35 PM
    • Top gainers, as of 5:15 p.m.: OCN +8.3%. CLVS +6.4%. ARO +6.1%. MT +2.8%. BTU +2.0%.
    • Top losers, as of 5:15 p.m.: GEL -5.6%. NRZ -5.3%. NUS -4.4%. DYAX -3.9%. VNCE -3.7%.
    | Apr. 6, 2015, 5:35 PM | 4 Comments
  • Mar. 13, 2015, 12:45 PM
    | Mar. 13, 2015, 12:45 PM | 9 Comments
  • Mar. 13, 2015, 9:14 AM
    | Mar. 13, 2015, 9:14 AM | 7 Comments
  • Mar. 13, 2015, 7:34 AM
    • Telsey Advisory cuts its price target on Aeropostale (NYSE:ARO) to $3.
    • The firm has an Underperform rating firmly set on Aeropostale.
    • Other retail analysts have noted that Aeropostale has suffered more damage from fast-fashion entrants than peers.
    • The company warned on its post-earnings conference call that late spring and early summer merchandise stocking has been impacted by the West Coast port slowdown.
    • Earnings call transcript
    • Previously: Aeropostale beats by $0.04, beats on revenue (March 12)
    • Previously: Aeropostale -6.2% due to soft FQ1 guidance (March 12)
    • ARO -4.86% premarket to $3.52.
    | Mar. 13, 2015, 7:34 AM
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