Skip to main content
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Aeropostale Reports 3Q Loss

Aeropostale Inc. on Wednesday reported a loss of $52.3 million in its fiscal third quarter. On a per-share basis, the New York-based company said it had a loss of 66 cents.
Aeropostale sleepwear | Source: Aeropostale

NEW YORK, United States Aeropostale Inc. on Wednesday reported a loss of $52.3 million in its fiscal third quarter.

On a per-share basis, the New York-based company said it had a loss of 66 cents. Losses, adjusted for asset impairment costs and non-recurring costs, came to 45 cents per share.

The results matched Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was also for a loss of 45 cents per share.

The teen clothing retailer posted revenue of $452.9 million in the period, which beat Street forecasts. Analysts expected $445.6 million, according to Zacks.

ADVERTISEMENT

For the current quarter ending in January, Aeropostale expects its results to range from a loss of 44 cents per share to a loss of 37 cents per share.

In the final minutes of trading on Wednesday, the company’s shares hit $3.19. A year ago, they were trading at $9.74.

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Financial Markets
A financial lens on the fast-changing fashion sector, including markets, investors and deals.
view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
BoF Professional - How to Turn Data Into Meaningful Customer Connections
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
BoF Professional - How to Turn Data Into Meaningful Customer Connections