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Aeropostale comparable sales fall 13 pct
May 22, 2014 / 8:22 PM / in 3 years

Aeropostale comparable sales fall 13 pct

May 22 (Reuters) - Struggling teen apparel retailer Aeropostale Inc’s comparable sales fell 13 percent, hurt by lower mall-traffic and intense competition.

The company’s shares fell 12 percent in extended trading.

Net sales declined about 12 percent to $395.9 million for the first quarter ended May 3.

The company’s net loss widened to $76.8 million, or 98 cents per share, from $12.2 million, or 16 cents per share, a year earlier.

Reporting by Shailaja Sharma in Bangalore; Editing by Sriraj Kalluvila

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