08.08.2013 14:26:48
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Aeropostale Updates Q2 Outlook - Quick Facts
(RTTNews) - Aeropostale, Inc. (ARO) announced that the company now expects its second-quarter loss to be in the range of approximately $0.42 to $0.44 per share, which includes charges totaling approximately $0.19 per share that were not previously reflected in the company's original second quarter guidance.
For the second quarter, net sales decreased 6% to $454.0 million, from $485.3 million in the year ago period. Comparable sales, including the e-commerce channel, decreased by 15%.
Analysts polled by Thomson Reuters expect the company to report a loss of $0.17 for the second-quarter on revenue of $460.62 million. Analysts' estimates typically exclude special items.
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