Aeropostale, Inc.

Aeropostale, Inc. (ARO - Snapshot Report), the casual apparel retailer that targets teenagers, bucked the gloomy retail trend by reporting record May sales on June 4 that blew by the competition.

Sales in May jumped 30% to $132.9 million from $102.3 million in the year ago period. Same store sales surged 19% compared to a gain of just 6% in May 2008. The company said that its summer collection was selling well and that its merchandise margins in May increased over last year.

The May results were not a one time occurrence as sales are up 23% to $541 million year to date compared to the same period in 2008.

Covering analysts have liked what they've seen from the company for the past month as fiscal 2009 consensus estimates rose 17.9% to $2.76 from $2.34 per share. Analysts expect year over year earnings growth of 24.74%.

Aeropostale is a Zacks #1 Rank (strong buy) stock. It has a PEG ratio of just 0.88.

Read the Apr 15 analysis.

The stock has been hot since last November.

Update to Previous Aggressive Growth Zacks Rank Buy Stocks

Lincoln Educational Services Corp. (LINC - Snapshot Report) shares continue to outpace major indices as estimates and guidance continues to increase. Read the full article.

LHC Group (LHCG - Snapshot Report) has been growing its home-based services rapidly, leading to a 49% increase in revenues. The healthcare group has a spotless earnings history. Read the full article.

Discovery Communications, Inc. (DISCA - Snapshot Report) once again beat estimates sending shares and estimates higher. Read the full article.

Rent A Center, Inc. (RCII - Analyst Report) reported solid earnings despite a dip in sales. Estimates are on the rise as analysts adjust to the new information. Read the full article.

Email	Print	Share	RSS	Rate Pos	Rate Neg	Comment

Loading Stories...

Related Content

RELATED ARTICLES AGGRESSIVE GROWTH ARCHIVE

Zacks Blog: Aeropostale Lifts Guidance
(ARO)	02/09/10
Zacks Blog: Stock Market News for February 5, 2010
(AA, FCX, NEM, RTP, M, GPS, AEO, ARO, ANF)	02/05/10
Zacks Equity Research: Report For ARO2
N/A	01/28/10
Zacks Blog: Aeropostale Guides Higher
(ARO)	01/11/10
Zacks Blog: Aeropostale Raises Share Buyback
(ARO, ANF, AEO)	12/09/09

 Posting Comment...

There was a problem posting this this comment. Please try back later.
[CLICK TO CLOSE X]

Comments (Limit 1000 Characters - Used: 0)

Please provide your comments here... Display Name: Email Address:  

 Loading Comments...

Be the first to comment on this article!