NEW YORK- Shares of Aeropostale crashed over 13% near midday as investors digested the company's third quarter results. Net income was marginally lower than that of last year at $58 million 61 cents a share compared to $62 million last year. Revenues grew to $602 million from $568 or 6%. Aero also reported that November sales increased 7%, but said comparable store sales were flat. This number is sometimes more concerning to investors as it indicates if the business is growing due to expansion or internally.
To read the full Aeropostale report click here.
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