LONDON, April 8, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Investor-Edge.com has issued free earnings analysis on Aeropostale Inc. (NYSE: ARO). On March 12, 2015, the company announced its financial results for Q4 FY14 and full year FY14 (period ended January 31, 2015). Click on http://get.Investor-Edge.com/pdf/?c=Aeropostale&d=08-Apr-2015&s=ARO to read our free earnings review on Aéropostale Inc. (Aeropostale). During Q4 FY14 and FY14, the company's net sales were $593.76 million and $1.84 billion, respectively. CEO of Aeropostale, Julian R. Geiger, stated that achieving the company's first operating profit in eight quarters is a noteworthy accomplishment. Not only did Aeropostale register a profit on an adjusted basis, but it also beat its original and revised guidance for Q4 FY14 through better than expected margins and expense savings. Our free coverage report can be accessed at:
http://get.Investor-Edge.com/pdf/?c=Aeropostale&d=08-Apr-2015&s=ARO
Earnings Overview
During Q4 FY14, Aeropostale's net sales declined 11% Y-o-Y from $670.01 million in Q4 FY13. The company's net sales slightly missed Bloomberg analysts' forecasts of $595.00 million in Q4 FY14. Aeropostale's comparable sales (including e-commerce channel) fell 9% in Q4 FY14 compared to a decline of 15% in Q4 FY13. Free research on ARO can be downloaded in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Aeropostale&d=08-Apr-2015&s=ARO
For Q4 FY14, Aeropostale's loss from operations came in at $13.97 million compared to loss from operations of $79.87 in Q4 FY13. The company reported net loss of $13.53 million, or $0.17 loss per diluted share, in Q4 FY14 compared to net loss of $70.31 million, or $0.90 loss per diluted share, in Q4 FY13. Analysts from Bloomberg had expected the company to report net loss of $4.27 million, or $0.05 loss per diluted share, in Q4 FY14. Moreover, Aeropostale's adjusted net income was $417,000, or $0.01 per diluted share, in Q4 FY14 compared to adjusted net loss of $27.09 million, or $0.35 loss per diluted share, in Q4 FY13.
In FY14, Aeropostale's net sales decreased 12% Y-o-Y from $2.09 billion in FY13. The company's FY14 net sales were in-line with Bloomberg analysts' forecasts of $1.84 billion. Aeropostale's comparable sales (including e-commerce channel) for FY14 fell 11% compared to a decline of 15% in FY13.
During FY14, Aeropostale's loss from operations stood at $213.14 million compared to loss from operations of $185.21 million in FY13. The company reported net loss of $206.46 million, or $2.62 loss per diluted share, in FY14 compared to net loss of $141.83 million, or $1.81 loss per diluted share, in FY13. Analysts from Bloomberg had expected the company to report net loss of $162.25 million, or $2.25 loss per diluted share, in FY14. Furthermore, Aeropostale's adjusted net loss was $111.96 million, or $1.42 loss per diluted share, in FY14 compared to adjusted net loss of $88.72 million, or $1.13 loss per diluted share, in FY13. Sign up and read the free analyst's notes on ARO at:
http://get.Investor-Edge.com/pdf/?c=Aeropostale&d=08-Apr-2015&s=ARO
In its outlook for Q1 FY15, Aeropostale expects operating losses in the range of $39 million to $45 million and net loss in the range of $0.53 to $0.61 per diluted share. Further, the company reiterated its expectation to invest approximately $16 million in FY15 primarily related to certain infrastructure investments and store remodels. Mr. Geiger said that the company's outlook for Q1 FY15 reflects challenging trends as it continue to see softness in consumer demand as a result of weak traffic. The company has taken significant action over the past six months to reshape its business strategies, which should position it for improvement, particularly in H2 FY15, he added.
Stock Performance
On the day following the earnings release, March 13, 2015, Aeropostale's stock plummeted 17.30% to end the session at $3.06. Since then, the stock has moved both ways with gains outperforming losses. On the last close, Tuesday, April 07, 2015, shares of the company finished at $3.48, up 0.58%, after vacillating between $3.43 and $3.58. A total of 0.78 million shares were traded which was below their three months average volume of 2.23 million shares. Over the previous three trading sessions and the past three months, the company's shares have gained 2.35% and 53.98%, respectively. Shares in Aeropostale closed above their 50-day and 200-day moving averages of $3.35 and $3.21, respectively. Furthermore, the stock has a Relative Strength Index (RSI) of 52.16. Visit Investor-Edge and access the latest research on ARO at:
http://get.Investor-Edge.com/pdf/?c=Aeropostale&d=08-Apr-2015&s=ARO
Sneak Peek to Corporate Insider Trading
In the last one month, there were 10 insider transactions made by 10 individuals. On March 26, 2015, a total of 339,117 shares have been bought at an average price of $3.17 per share and for a total value of $1.08 million. The following are some of the transactions during the aforementioned period: Karin Hirtler-Garvey, Chairman of the Board at Aeropostale, purchased 41,010 shares at an average price of $3.17; and directors at Aeropostale - Ronald R. Beegle, Robert B. Chavez, Michael J. Cunningham, Evelyn S. Dilsaver, Kenneth B. Gilman, Janet E. Grove, John N. Haugh, John D. Howard and David B. Vermylen - bought 33,123 shares each, at an average price of $3.17 per share. Complimentary in-depth research on ARO is available at:
http://get.Investor-Edge.com/pdf/?c=Aeropostale&d=08-Apr-2015&s=ARO
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