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Last $1.51 USD
Change Today +0.08 / 5.59%
Volume 1.5M
ARO On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

aeropostale inc (ARO) Key Developments

Aeropostale Announces Licensing Agreement with PT Mitra Adiperkasa

Aeropostale, Inc. has announced a licensing agreement with PT. Mitra Adiperkasa Tbk to open stores in Indonesia. Aeropostale expects to open 10 to 12 standalone stores in Indonesia over the next five years, with its first store opening in Jakarta in September 2016. Concurrently, Aeropostale has also announced a licensing agreement with Arvind Lifestyle Brands Ltd.

Aeropostale to Expand its Presence in Asia with Licensing Agreements in India and Indonesia

Aeropostale said it is expanding its presence in Asia with licensing agreements in India and Indonesia. In India the company struck a deal with Arvind Lifestyle Brands Limited and will open 50 standalone stores, 150 shop-in-shops in select locations, and e-commerce operations across the country over the next five years, starting in March 2016. In Indonesia it will open 10 to 12 standalone stores over the next five years, with its first store opening in Jakarta in Fall 2016, through a licensing agreement with PT Mitra Adiperkasa TBK.

Arvind Lifestyle Brands Enters into License Agreement with Aeropostale, Inc

Arvind announced that its subsidiary, Arvind Lifestyle Brands has entered into a license agreement with Aeropostale, Inc. The license agreement covers brick and mortar retail locations as well as e-commerce. Arvind Lifestyle Brands is expected to open 30 standalone stores and 25 shop-in-shop locations over the next three years, beginning March 2016. Arvind will also launch e-commerce selling of Aeropostale products in India.

Aéropostale, Inc.(NYSE:ARO) dropped from S&P 1000 Index

Aéropostale, Inc.(NYSE:ARO) dropped from S&P 1000 Index

Aéropostale, Inc.(NYSE:ARO) dropped from S&P SmallCap 600 Index

Aéropostale, Inc.(NYSE:ARO) dropped from S&P SmallCap 600 Index

 

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Industry Analysis

ARO

Industry Average

Valuation ARO Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book 2.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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