NEW YORK (
beat profit expectations, but missed on revenue and issued third-quarter guidance that falls short of forecasts.
During the quarter, the teen retailer earned $43.6 million, or 47 cents a share, com pared with $38.6 million, or 38 cents, for Aeropostale in the year-ago period.
Aeropostale sales grew 9% $494.7 million from $453 million, while same-store sales
Analysts were calling for a profit of 46 cents a share on revenue of $503.1 million.
Looking ahead, Aeropostale expects third-quarter earnings in the range of 61 cents to 63 cents a share, which includes a 4-cent charge related to the retirement of its former chief executive and chairman. Wall Street is predicting a profit of 72 cents a share.
-- Reported by Jeanine Poggi in New York.
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