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Aeropostale Forecasts a Loss for Current Quarter

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  • Description

    FBN's Nicole Petallides breaks down stocks impacting the morning markets.

  • Duration 1:02
  • Date

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This transcript is automatically generated

Our -- the second big mortgage market.

Open.

Under pressure obviously since that consumer sentiment number is down even more it's going to be a tough challenge to make an eleven -- that are on the Dow today.

-- -- is down again want to -- -- yeah.

Yeah this is -- terminal long term here.

And all these teen retailers have given forecasts that are a little -- study in.

Not only Aeropostale but also Abercrombie and American -- -- Aeropostale today.

Is down over 5%.

They forecast a loss in the current quarter they had a tough holiday season they talked about a weak economy they talk about Americans in the payroll taxes.

Obviously on the rise and that affects the wallets you date though it didn't -- chart here.

And I don't have -- ready for you that I can just tell you Airbus on actually outperforming.

Abercrombie and we don't know the teens are very thick -- But the big picture here is a weak forecast for Aeropostale means a -- stocks today back to you thanks a lot well you know the tide continues the term for President Obama.

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