Is Aeropostale a Buy After the Latest Comps Report?

Filed under: Gap Inc (GPS), American Eagle Outfitters (AEO)

Aeropostale (ARO), a mall chain with colleagues like American Eagle Outfitters (AEO) and Gap (GPS), reported same-store sales for the month of September this week. They seemed relatively decent to me, even though they didn't measure up to the previous year's performance.

Last month, the company saw a 3% expansion in the metric, according to the press release. By comparison, same-store sales rose 19% in September 2009. Hey, don't fret about it. You're not going to generate growth like that all the time; it just doesn't happen. A 3% increase is fine considering the economy. On a year-to-date basis, comps are higher by 4% versus a gain of 12% in last year's similar frame.

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Is Aeropostale a Buy After the Latest Comps Report? originally appeared on BloggingStocks on Sat, 09 Oct 2010 11:40:00 EST. Please see our terms for use of feeds.

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