Posted on 06/03/2010 7:39:28 AM PDT by Slyscribe
Retailers reported mixed May same-store sales Thursday morning, but the chains in the IBD 100 list of the very best stocks based on fundamentals and technicals generally advanced. Aeropostale (ARO) IBD 100 rank: 93 The value teen apparel chain reported only a 1% same-store sales gain vs. a year earlier, but that defied forecasts for a modest decline. Shares of Aeropostale gapped 7% higher in early Thursday trading. The stock is still about 6% off
(Excerpt) Read more at blogs.investors.com ...
I know Aeropostale’s deal. My kids like to shop there. The mark-up must be huge because I just purchased 4 tee-shirts with the original price of $29.50 for $10 a piece for my son. The tee-shirts must cost them about $0.30 a piece because they are really flimsy.
chains that rely on customers too young and stupid to make value judgments....
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.