ARO, PSUN, AEO, ANF: Teen Apparel Stocks Have Tough Day

by Christopher Freeburn | March 6, 2014 11:53 am

Aeropostale[1]Thursday found teen-oriented apparel retail stocks struggling as investors pondered weaker sales and shifting consumer buying habits ahead of some quarterly earnings announcements.

Mall clothing staple Aeropostale (ARO[2]) will announce its fourth-quarter results on Mar. 13. The retailer has lost money for four consecutive quarters and was the subject of buyout rumors in January[3]. ARO stock fell about 3% in Thursday morning trading. ARO stock has dropped more than 40% over the last 12 months.

Pacific Sunwear of California (PSUN[4]) will report quarterly results on Mar. 18. PSUN stock sank about 2%. PSUN stock has gained more than 30% over the past year.

American Eagle Outfitters (AEO[5]) declared quarterly cash dividend of $0.125 per share on Mar. 5. The dividend will be paid on Apr. 16. AEO will post fourth-quarter earnings on Mar. 11. It’s former CEO Robert Hanson abruptly stepped down in January[6] following reports of poor holiday sales at the retailer. AEO stock slipped more than 1% on Thursday. AEO stock is down more than 28% over the past 12 months.

Last month, Abercrombie & Fitch (ANF[7]) reported sharply lower fourth-quarter earnings, but still topped analysts forecasts[8]. ANF stock sank more than 1% on Thursday. ANF stock has declined more than 10% over the past year.

A number of teen apparel retailers have seen their sales slide as consumers increasingly avoid once-trendy shops and their high prices[9].

  1. [Image]:
  2. ARO:
  3. was the subject of buyout rumors in January:
  4. PSUN:
  5. AEO:
  6. abruptly stepped down in January:
  7. ANF:
  8. still topped analysts forecasts:
  9. increasingly avoid once-trendy shops and their high prices:

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