DALLAS, Texas – Beacon Equity Research announces the release of Trade Alerts covering Market Movers: Aeropostale Inc. (NYSE: ARO), Dollar Tree Inc. (Nasdaq: DLTR), ON Semiconductor Corp. (Nasdaq: ONNN), Akamai Technologies Inc. (Nasdaq: AKAM), Marvell Technology Group Ltd. (Nasdaq: MRVL) and QUALCOMM Inc. (Nasdaq: QCOM).
In the Trade Alert, the author highlights Aeropostale’s 13% total net sales increase, beating analyst estimates:
“Aeropostale Inc. (ARO) rose 3.64% to $23.64 Friday morning. Aeropostale, together with its subsidiaries, operates as a mall-based specialty retailer of casual apparel and accessories. … Beating analysts' estimates, Aeropostale announced total net sales for the four-week period ended January 31, 2009, increased 13% to $96.6 million, from $85.6 million for the four-week period ended February 2, 2008. … Total net sales for the four-week period ended February 2, 2008, included initial gift-card breakage estimate benefit of approximately $7.7 million. The company's same store sales increased 11% for the month, compared to a same store sales increase of 5% in the year ago period.”
The Trade Alert author also featured Dollar Tree’s reported total sales increased 6.8% in last year’s fiscal fourth quarter:
“Dollar Tree Inc. (DLTR) shares rose 2.71% to $35.95 Friday morning. Dollar Tree, through its subsidiaries, operates discount variety stores that offer merchandise at the fixed price of $1 in the United States. … The nation’s largest discount variety store chain selling everything for $1 or less recently reported total sales of $1.39 billion for its fiscal fourth quarter of 2008, a 6.8% increase compared to $1.30 billion in last year’s fiscal fourth quarter. Comparable-store sales for the quarter increased 2.2%.”
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Beacon Equity Research
Jeff Bishop, (469)-252-3505