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Aeropostale (NYSE:ARO)

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February 06, 2009 – Comments (2) | RELATED TICKERS: ARO

Strongest retailer in a Bear will rally back the fastest.


Aeropostale (NYSE:ARO) stated during its quarterly conference call that the company is "continuing to try a variety of promotions." Because customers have responded well to its strategy, the company reported same-store sales growth of 11% in January 2009. 

2 Comments – Post Your Own

#1) On February 06, 2009 at 3:04 PM, IBDvalueinvestin (99.62) wrote:

Motley Fool is right, ARO is a baby thrown out with the bathwater.

Beaten down with the rest of the retailers even though  its posting a record qtr. Because people sell first ask questions later.

Aeropostale Reports Record January Sales Results Thursday February 5, 2009, 8:04 am EST

Same Stores Sales Increase 11%

Related QuotesSymbolPriceChangeARO23.51+0.70{"s" : "aro","k" : "c10,l10,p20,t10","o" : "","j" : ""}

Raises Fourth Quarter Earnings Guidance to $1.00 Per Share, Versus Previously Issued Guidance of $0.90 to $0.92 Per Share

NEW YORK, Feb. 5 /PRNewswire-FirstCall/ -- Aeropostale, Inc. (NYSE: ARO - News), a mall-based specialty retailer of casual and active apparel for young women and men, today announced that total net sales for the four-week period ended January 31, 2009 increased 13% to $96.6 million, from $85.6 million for the four-week period ended February 2, 2008. Total net sales for the four-week period ended February 2, 2008 included initial gift-card breakage estimate benefit of approximately $7.7 million. The Company's same store sales increased 11% for the month, compared to a same store sales increase of 5% in the year ago period.

Total net sales for the fourth quarter ended January 31, 2009 increased 17% to $690.1 million, from $591.3 million for the fourth quarter ended February 2, 2008. Same store sales for the fourth quarter increased 6%, compared to a same store sales increase of 9% in the year ago period.

Total net sales for the fiscal year ended January 31, 2009 increased 19% to $1.886 billion, from $1.591 billion in the year ago period. Same store sales for fiscal 2008 increased 8%, compared to a same store sales increase of 3% in the year ago period.

Based upon the stronger than expected results for the month, as well as lower than anticipated year end physical inventory losses, the Company now expects fourth quarter earnings of approximately $1.00 per diluted share, versus its previously issued guidance of $0.90 to $0.92 per diluted share.

 

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