Dallas, Texas 08/27/2014 (FINANCIALSTRENDS) – Aeropostale, Inc.(NYSE:ARO) the apparel people has been on rebound mode at markets at the end of the trading session on Tuesday. The company offers specialized mall-based sale of its casual apparel as well as accessories for the young adults through its range of Aeropostale stores. For children aged between 4 and 12 years it offers the P.S. product range and has been caught in the general downtrend in this sector despite a not so comfortable run for apparel stores in the country.
The company reported a rebound from the losses it made in the second quarter. The reporting of losses to the tune of 81 cents per share, followed by guidance for the next quarter which pared down the loss to 44 cents from 48 cents was considered to be cause of the rebound.
The result of the high traction of Aeropostale, Inc.(NYSE:ARO) shares during the trading session led to analysts considering further coverage on this stock.
The apparel industry in the country has been notching mixed results as pockets of the markets have continued to perform significantly better, in comparison to some where there were noticeable downtrends.
But for the likes of Aeropostale, Inc.(NYSE:ARO) which sees distinct footfalls from the various age groups it targets the loss making in the past few quarters has definitely been pushing the stock up against the wall.
However, as per latest forecasts, there would be a narrowing down of the losses, in the coming quarters, allowing room for long term tactical growth for the company.
Other companies too have been notching action on the stock markets such as NII Holding Inc(NASDAQ:NIHD),Brocade Communications System Inc. (NASDAQ:BRCD), Merck&Co.Inc(NYSE:MRK).