Aeropostale (ARO) Reports In-Line Q4 EPS; Will Review Strategic Alternatives

Aeropostale (NYSE: ARO) reported Q4 EPS of ($0.14), in-line with the analyst estimate of ($0.14). Revenue for the quarter came in at $498 million versus the consensus estimate of $519.69 million.

Comparable sales, including the e-commerce channel, for the fourth quarter decreased 6.7% compared to the fourth quarter of fiscal 2014.

Review of Strategic Alternatives

The Board of Directors of Aéropostale has authorized management to explore a full range of strategic and financial alternatives, including a potential sale or restructuring of the Company. The Company has retained Stifel and other advisors to assist in a review of alternatives.

There is no set timetable for the strategic review process. The Company stated that there can be no assurance that this process will result in any specific action. The Company does not expect to comment further or update the market with any further information on the process unless and until its Board of Directors has approved a specific action or it otherwise concludes its review of strategic alternatives.

GUIDANCE:

Aeropostale sees Q1 2016 EPS of ($0.42)-($0.35), versus the consensus of ($0.40).

For earnings history and earnings-related data on Aeropostale (ARO) click here.

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