NEW YORK — Aeropostale stockholders were advised to buckle their seat belts Tuesday as the teen retailer’s shares lost more than half their value one day after warning that its second-half profits would fall well below expectations.

Blaming a slowdown in mall traffic, Aeropostale, which sells trendy teen clothing in 278 stores, cautioned investors that its third- and fourth-quarter earnings would fall well short of expectations, in ranges of 31 to 33 cents and 30 to 34 cents, respectively. The new guidance is significantly below what analysts had anticipated — 50 and 52 cents, respectively.

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