Aeropostale profit drops in Q2; lowers guidance
New York -- Aeropostale reported Friday that net income for the second quarter was $100,000, compared with $2.9 million last year.
Sales increased 4% to $485.3 million, from $468.2 million in the year-ago period. Same-store sales, including the e-commerce channel, were essentially flat, compared with a 12% decrease last year. Excluding e-commerce, same-store sales dipped 1%, compared with a 14% decrease last year.
The company has lowered its third-quarter guidance.