Filed under: Earnings reports
Following on the heels of strong earnings results from Guess?, Inc. (GES) and Jos. A. Bank (JOSB), Aeropostale (ARO) and Collective Brands (PSS) also posted better-than-expected results Wednesday, lifting their shares.
Mall-based specialty retailer Aeropostale said earnings for its third quarter of fiscal 2009 increased 46% from a year ago to a record $0.92 per share. That compares to the $0.91 per share consensus estimate of analysts polled by Thomson Reuters. And for the quarter that ended October 31, net sales increased 18% to $567.8 million, also topping expectations. Aeropostale also said same-store sales for the quarter increased 10%.
Continue reading Aeropostale, Collective Brands top Q3 earnings estimates
Aeropostale, Collective Brands top Q3 earnings estimates originally appeared on BloggingStocks on Wed, 02 Dec 2009 18:00:00 EST. Please see our terms for use of feeds.
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