Welcome!

News Feed Item

Post-Earnings Review and Insight - Aeropostale

Editor Note: For more information about this release, please scroll to bottom.

LONDON, September 2, 2014 /PRNewswire/ --

Investor-Edge.com has issued free post-earnings review and insight on Aeropostale Inc. (NYSE: ARO). The company featured in the headlines on Thursday, August 21, 2014 after reporting results for the second quarter ended August 02, 2014. During Q2 FY14, Aeropostale Inc.'s net sales, and its comparable sales (including the e-commerce channel), both fell by 13% Y-o-Y. Our free coverage report can be accessed at:

http://www.investor-edge.com/register

Earnings Overview  

Aeropostale Inc.'s GAAP net loss for Q2 FY14 widened to $63.82 million, or $0.81 per diluted share, from a net loss of $33.73 million, or $0.43 per diluted share, in the year ago period. Analysts from Bloomberg were anticipating GAAP net loss of $45.01 million, or $0.61 per diluted share during the reported quarter.  The company registered an adjusted net loss of $36.0 million, or $0.46 per diluted share in Q2 FY14, as against an adjusted net loss of $26.9 million, or $0.34 per diluted share in Q2 FY13. The company's net sales in Q2 FY14 declined to $396.16 million, from $454.03 million in the preceding year quarter. During Q2 FY14, Aeropostale Inc.'s comparable sales, including the e-commerce channel declined 13% Y-o-Y, following a decrease of 15% Y-o-Y in the previous year quarter. Further, the company's gross profit for the reported quarter fell to $62.55 million, from $81.17 million in the prior year period. As on August 02, 2014, the company had cash and cash equivalents of $152.27 million and $133.59 million in long-term debt. Aeropostale Inc. closed the second quarter with merchandise and inventory of $213.02 million, compared with $249.62 million in the comparable quarter last year. The free research on ARO can be downloaded as in PDF format at:

http://www.Investor-Edge.com/AROFreeReport

Julian R. Geiger, CEO of Aeropostale Inc., stated in the press release that the company is moving in the right direction, and that he feels encouraged as Aeropostale Inc. was able to achieve higher average unit retails and margins. In addition, he said that the company managed better expense control during the second quarter, all of which enabled the company to surpass its guidance.

For Q3 FY14, the company is expecting operating losses to be in the range of $33.0 to $37.0 million, which translates to net loss in the range of $0.44 to $0.48 per diluted share.  The effective tax rate for the third quarter is projected to be approximately 4.0%. The company's outlook for the third quarter of FY14 does not include the impact of any identifiable store impairments or accelerated store closure costs, consulting fees, and severance costs related to the company's previous CEO. The New York-based speciality retailer opened four Aeropostale stores and one Aeropostale and P.S. from Aeropostale combination store; and closed 11 Aeropostale stores and three P.S. from Aeropostale stores during the second quarter of 2014.  Sign up and read the free analyst's notes on ARO at:

http://www.Investor-Edge.com/ARO-02092014

Stock Performance 

On Friday, August 22, 2014, a day after the earnings release, the falling sales and widening losses took Aeropostale Inc.'s stock down by 9.97%, to end the session at $3.52. The stock has recovered since then, finishing at $4.19 on the last close, Friday, August 29, 2014, gaining 1.21% over its previous day's close. The stock vacillated between $4.09 and $4.27 during the trading session. A total of 4.28 million shares were traded, which was above its three months average volume of 3.47 million shares. Over the previous three trading sessions and over the last one month, the company's shares have gained 9.69% and 30.94%, respectively. However, the stock has declined 53.91% from the beginning of 2014. While Aeropostale Inc.'s shares are trading above their 50-day moving average, the stock's 50-day moving average of $3.42 is below its 200-day moving average of $5.71. Further, the stock has a Relative Strength Index (RSI) of 66.85. Visit Investor-Edge and access the latest research on ARO at:

http://www.Investor-Edge.com/AROEarningsCoverage

Sneak Peek to Corporate Insider Trading  

In the last one month, there were eighteen insider purchases made by two insiders for a total of 85,000 shares of Aeropostale Inc. worth $310,902.70 million at an average price of $3.79 per share. On August 25, 2014, Karin Hirtler Garvey, Aeropostale Inc.'s Chairman, bought a total of 55,000 shares of Aeropostale Inc. worth $196,020.70, at an average price of $3.56 per share. In addition, on August 26, 2014, Kenneth B. Gilman, an independent director of the company, bought a total of 30,000 shares, worth $114,882 at an average price of $3.84 per share. Complimentary in-depth research on ARO is available at:

http://www.Investor-Edge.com/AROInsiderTrading

About Investor-Edge.com 

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

===============

EDITOR'S NOTES:

===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DX World EXPO, LLC, a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of the 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to gre...
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develop...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous ar...
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...