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Published on 1/25/2018 in the Prospect News Distressed Debt Daily.

Former Aeropostale records $1.38 million loss for Oct. 29 to Nov. 25

By Caroline Salls

Pittsburgh, Jan. 25 – ARO Liquidation, Inc., formerly Aeropostale, Inc., reported a $1.38 million net loss for the period of Oct. 29 through Nov. 25 on zero net sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Southern District of New York.

In comparison, ARO posted a $180,000 net loss for the period of Oct. 1 through Oct. 28, also on zero net sales.

The company had $16.55 million in cash and cash equivalents as of Nov. 25, down from $17.98 million at Oct. 28.

Aeropostale, a New York-based young adult clothing retailer, filed for bankruptcy on May 4, 2016. Its Chapter 11 case number is 16-11275.


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