Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Pacific Growth Downgrades Aeropostale

Pacific Growth downgrades teen-focused specialty clothing retailer Aeropostale (ARO) to equal-weight.

Analyst Andy Graves says Aeropostale stock has risen about 30% since he upgraded it to overweight Jan. 11.

He thinks strong competition from American Eagle Outfitters and Abercrombie and Fitch, which he feels have successfully reinvigorated their brand identity over past year, combined with difficult July 2004 comparable sales (+13.8%), could result in continued gross margin erosion from higher-than-expected promotional activity during back-to-school season in order to move merchandise.

In light of reduced second-quarter guidance, Graves cuts his 21 cents earnings per share estimate to 18 cents and $1.86 fiscal 2006 (ending January) to $1.81, and $2.29 fiscal 2007 to $2.23 earnings per share.

blog comments powered by Disqus