The next "crombie" Tina.....
The type of quarter Aeropostale just reported is few and far between. Not only did the company boost guidance twice during the quarter, it then went on to better guidance in the final quarterly report. I couldn't find a mouse hair, tick or flea in the report. It was simply retail merchandising execution at its best. Clearly, Aeropostale is doing something right. Management knows what the teen/tween shopper wants and is now going after the pre-teen child. Until and unless the company slips, and there is no reason to believe that it will happen in the near future, earnings growth of mid single digits will continue to be delivered. The stock jumped by over a point after hours Thursday. However, it will take plenty of more stock price appreciation to reach my target of $39.