Aeropostale Earnings Preview: Expecting Another Crash

We believe that the company?s overall performance in the U.S. likely remained poor in the third quarter due to a consistent decline in foot traffic and hefty promotional activities. While Aeropostale saw some latent signs of improvement before the second quarter in the form of a marginal rise in average prices, ASPs declined significantly in the second quarter, signalling that revival efforts have not taken off. Also, with the lack of sufficient capital, the retailer has been unable to expand it...