Wall Street Watch: Why Aeropostale Is Flying Low This Season
Filed under: Earnings, Hewlett-Packard, Walt Disney, Stocks in the News, Market News
It’s not shaping up to be much of a holiday shopping season for Aeropostale (ARO).
The trendy apparel retailer posted better than expected quarterly results after Wednesday’s market close, but any good feelings were stamped out when it offered up problematic guidance for the current quarter.
Aeropostale is looking for an adjusted profit to clock in between $0.36 a share and $0.41 a share for the holiday quarter. Analysts were expecting $0.54 a share on the bottom line.
The mall chain didn’t…
Wall Street Watch: Why Aeropostale Is Flying Low This Season originally appeared on DailyFinance.com on 2012-11-29T06:00:00Z.
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