• Aeropostale Reports 3Q Loss

    This post is sourced at businessoffashion.com

    NEW YORK, United States — Aeropostale Inc. on Wednesday reported a loss of $52.3 million in its fiscal third quarter.

    On a per-share basis, the New York-based company said it had a loss of 66 cents. Losses, adjusted for asset impairment costs and non-recurring costs, came to 45 cents per share.

    The results matched Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was also for a loss of 45 cents per share.

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    Author : Associated Press