aeropostale inc (ARO) Snapshot

Aéropostale, Inc. Presents at 33rd Annual Piper Jaffray Consumer Conference, Jun-12-2013 . Venue: The New York Palace, 455 Madison Avenue, New York, NY 1002, United States.

Aéropostale, Inc. reported unaudited consolidated earnings results for the first quarter ended May 4, 2013. For the quarter, net sales decreased 9% to $452.3 million, from $497.2 million in the year ago period. Comparable sales, including the e-commerce channel, decreased 14%, compared to the corresponding 13-week period ended May 5, 2012. The company reported a net loss of $12.2 million, or $0.16 per diluted share against net income of $10.6 million, or $0.13 per diluted share, in the first quarter of 2012. The company invested $16.4 million in planned capital expenditures. Loss from operations was $20.5 million against income from operations of $16.69 million a year ago. Loss before income taxes was $20.71 million against income before income taxes of $16.53 million a year ago. The first quarter performance reflected an increase in promotional activity as it cleared through carryover inventory from the fourth quarter. In addition, the company is impacted by a weak macroeconomic environment, as well as unseasonably cool weather. For the second quarter of fiscal 2013, the company expects to report a loss in the range of $0.15 to $0.20 per diluted share. This compares to earnings of $0.00 per diluted share for the second quarter of 2012. This guidance assumes a tax rate of approximately 45%.

Aéropostale, Inc. Presents at Citi's 2013 Global Consumer Conference, May-29-2013 . Venue: Hilton New York, 1335 6th Ave, New York, NY 10019, United States.