Shares of Aeropostale Inc. () plunged 22 percent Friday after the struggling teen apparel retailer posted a 20 percent drop in sales that resulted in a quarterly loss. The New York-based company faced multiple issues and was hurt by its merchandise assortment, unseasonably cool weather and the West Coast port slowdown. 
Shares of Aeropostale sank 22,chelsea fc t shirts india online.5 percent to $2 in premarket trading Friday,Women's Nike San Francisco 49ers 8 Steve Young Game White Super Bowl XLVII NFL Jersey.
Aeropostale, which has a market value of $200 million,atletico madrid away falcao shirt, has seen its shares fall 42 percent in the last 12 months as the company struggles to compete with chains like H M and Forever 21. The company opened one Aeropostale store during the quarter and closed 12 stores.
For the quarter ended May 3,chelsea fc new away jersey 2013, Aeropostale reported a loss of $45.3 million,Women's Nike San Francisco 49ers 8 Steve Young Limited White NFL Jersey, or 57 cents per share,arsenal goalkeepers shirts junior, as revenue dropped 20 percent to $318.6 million. That compared with a loss of $76.8 million,liverpool jersey new york, or 98 cents per share, on sales of $395.9 million during the same period in 2014.
The company also forecast a wider-than-expected loss for the current quarter,chelsea headhunters shirt, which includes the beginning of the key back-to-school period for retailers. For the second quarter, Aeropostale projects a loss of 52 cents to 60 cents a share,jersey brazil home player issue, compared with Wall Street expectations for a loss of 45 cents a share, according to Reuters’ data.
"As I have said previously, the Back to School period represents the time when all of the disciplines and strategies we have instituted over the last nine months should come to fruition,” Julian R. Geiger,argentina world cup jersey 2010, chief executive officer,Men's Nike San Francisco 49ers 15 Michael Crabtree Elite Red Team Color NFL Jersey, Thursday. “To prepare for this key selling season,tottenham hotspur football kit 2014, we are focused on optimizing the quantity and composition of our merchandise to ensure a successful Back to School launch.”
With notable challenges ahead of a crucial back-to-school season, Tuna Amobi, equity analyst at S P Capital IQ, cut the firm's 12-mongth price target on Aeropostale by 50 cents to $2.50.相关的主题文章：


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