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Aeropostale Update: The Incredible Value Destruction Machine Continues Apace

2014-12-06 19:32:51| Apparel - Topix.net

ARO reported 3Q results yesterday that reinforced the tenets of the short thesis: no brand identity, no competitive edge, still-overbuilt store fleet, ongoing cash burn. Increased pace of store closures is a long-term positive - assuming the brand turns around somehow - but will add to cash + equity burn in the near term.

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