Aeropostale Posts Q4 Profit, Breaks Two-Year Losing Streak

Keep an eye on shares of Aeropostale (ARO) in Friday's trading session. The teen clothing company reported a profit in its latest quarterly report, breaking two straight years of losses. It posted earnings of a penny a share for the fiscal fourth quarter, which was better than analysts had expected. The company also beat on the top line with $594 million for the period. But, the retailer said same store sales declined 9% from a year ago, despite its efforts to cut costs in order to boost margins during the holiday shopping season. Looking ahead, Aeropostale now expects to report a wider than expected loss in the first quarter. TheStreet's Kurumi Fukushima reports in New York.