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Aeropostale posts huge profit decline in Q2

8/19/2011

New York City -- Aeropostale reported Wednesday that net income for its second quarter plummeted 93% to $2.94 million, from $43.6 million in the year-ago period.



Sales declined 5% to $468.2 million and same-store sales dropped 14%.



The company revised its third quarter forecast downward.

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