299
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
By
Reuters
Published
Aug 21, 2009
Reading time
2 minutes
Download
Download the article
Print
Text size

Aeropostale beats by a penny, sales up 20%

By
Reuters
Published
Aug 21, 2009

SAN FRANCISCO, Aug 20 (Reuters) - Aeropostale Inc (ARO.N) said on Thursday 20 August that quarterly net income rose 83 percent, beating its own estimate, as its bargain-priced back-to-school fashions resonated with young shoppers.


Aeropostale - www.aeropostale.com

But the teen apparel retailer's shares fell 1.1 percent in after-hours trading as its second-quarter revenue was a hair shy of Wall Street estimates and it forecast a current quarter profit that was in line with analysts' estimates.

Aeropostale has been one of the few apparel retailers to consistently post higher monthly sales amid the downturn that has caused shoppers to sharply pull back on purchases.

Its lower-priced fashions have been a hit with teens and their budget-conscious parents, and rivals from American Eagle Outfitters Inc (AEO.N) to Abercrombie & Fitch Co (ANF.N) have been forced to lower prices to compete.

Net profit in the company's second quarter ended August 1 was $38.6 million, or 57 cents per share, compared with $21.1 million, or 31 cents per share, a year earlier.

Analysts, on average, had been expecting earnings of 56 cents per share, according to Reuters Estimates.

Earlier this month, Aeropostale said it expected earnings to range from 54 cents to 55 cents per share, from an earlier range of 45 cents to 47 cents.

Revenue rose 20 percent to $453.0 million, just shy of the $453.7 million expected by Wall Street.

Aeropostale has been one of the few apparel retailers to consistently post higher monthly sales amid the downturn that has caused shoppers to sharply pull back on purchases.

Its lower-priced fashions have been a hit with teens and their budget-conscious parents, and rivals from American Eagle Outfitters Inc (AEO.N) to Abercrombie & Fitch Co (ANF.N) have been forced to lower prices to compete.

Looking ahead, Aeropostale said it expects third-quarter earnings of 76 cents to 78 cents per share. Analysts have been expecting 76 cents per share.

Shares slipped 38 cents after hours to $35.50 after closing on the New York Stock Exchange at $35.88.

(Reporting by Alexandria Sage; Editing Bernard Orr)

© Thomson Reuters 2024 All rights reserved.