Aeropostale (ARO $18.70 +0.99) reported first quarter earnings of $0.13 per share, in-line with the Capital IQ Consensus Estimate consensus of $0.13. Revenues rose 6.0% year over year to $497.2 million versus the $471.14 million consensus. Comparables were up 2%, inventory was up 23%, and inventory on a retial persquare foot basis was down 2% year over year through May 12. The company issued downside guidance for the second quarter, seeing EPS of $0.03-0.05 versus the $0.06 Capital IQ Consensus Estimate.






