Best Retail Stocks To Watch For 2015: Aeropostale Inc (ARO)
Aeropostale, Inc., (Aeropostale), incorporated on September 1, 1995, is a mall-based, specialty retailer of casual apparel and accessories, principally targeting 14 to 17 year-old young women and men through its Aeropostale stores and 4 to 12 year-old kids through its P.S. from Aeropostale stores. P.S. from Aeropostale products can be purchased in P.S. from Aeropostale stores, in certain Aeropostale stores, and online at www.ps4u.com. As of January 28, 2012, it operated 986 Aeropostale stores, consisting of 918 stores in 50 states and Puerto Rico, 68 stores in Canada, as well as 71 P.S. from Aeropostale stores in 20 states. The Company designs, sources, markets and sells all of its own merchandise. In addition, pursuant to a licensing agreement, it operated 14 Aeropostale and P.S. from Aeropostale stores in Middle East and South East Asia. During March 2011, it announced that it had signed a second licensing agreement. The licensee to this agreement is focused to open appr oximately 30 stores in stores in Turkey over the next five years. In November 2012, the Company acquired online women's fashion footwear and apparel retailer GoJane.com (GoJane).
P.S. from Aeropostale offers casual clothing and accessories focusing on kids between the ages of 4 and 12. Its P.S. from Aeropostale products are sold only at its stores and online through its e-commerce Websites, www.ps4u.com and www.aeropostale.com. The Company operates three street level stores in the New York City area. It also has a19,000 square foot Aeropostale store in the Times Square section of New York City. It offers both Aeropostale and P.S. from Aeropostale products in the Times Square store.
Advisors' Opinion:- [By Caroline Bennett]
Changing tastes of American teens
Abercrombie isn't the only trendy retailer that has j! ust had a depressing quarter. One of its closest rivals, clothier Aeropostale (NYSE: ARO ) , is also suffering. Aeropostale's stock sank 10%, even lower than Abercrombie's, following its earnings call, which revealed a 9% drop in revenue and a 14% decline in comparable-store sales. Seeing both companies suffer so similarly may lead some to wonder if teen tastes are starting to turn elsewhere. - [By Johanna Bennett]
Meanwhile, Barclays Capital analyst Matthew McClintock expects to get a good read on the teen category from both Aeropostale (ARO) and American Eagle (AEO) when they report results on Wednesday and Friday, respectively. Meanwhile, November sales for Gap (GPS), L Brands (LB), and Costco Wholesale (COST) are slated to be released on Thursday.
- [By CNNMoney Staff]
Shares in Aeropostale (ARO) fell in after-hours trading after the retailer reported a bigger-than-expected loss for the most recent quarter. It plans to close about 50 stores this year.
- [By Lauren Pollock]
Aeropostale Inc.(ARO) said Tuesday it has adopted a shareholder rights plan as the struggling teen retailer comes under pressure from an activist investor to sell itself to a buyer who would take it private. Aeropostale said the plan isn’t intended to prevent an acquisition, but rather to give shareholders time to assess a potential bid and possibly explore options.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-retail-stocks-to-watch-for-2015-2.html
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