American Eagle Outfitters beats quarterly results on Aerie strength [Reuters]
American Eagle Outfitters, Inc. (AEO)
Last american eagle outfitters, inc. earnings: 3/4 04:01 pm
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Source: Reuters
American Eagle Outfitters beats quarterly results on Aerie strength (Reuters) - American Eagle Outfitters Inc ( AEO.N ) on Wednesday beat estimates for fourth-quarter results, benefiting from higher demand for the apparel retailer’s jeans and Aerie label, which includes intimate wear and activewear. The company’s shares were up 6% in after-market trade. The Pittsburgh-based retailer has been focusing on promoting a body-positive brand image with the launch of new styles and fits and offering apparel at affordable prices, with younger shoppers demanding latest styles in various sizes. American Eagle forecast first-quarter profit between 20 cents and 22 cents per share, largely in line with market estimates of 21 cents per share. It also expects comparable sales to rise in the low single digits, while analysts were projecting a 1.07% increase. Same-store sales rose 2% in the fourth-quarter ended Feb. 1, edging past estimates of a 0.15% increase, driven by a 26% increase at Aerie. Tota
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AEO
Earnings
- 8/29/24 - Beat
AEO
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- 11/1/24 - Form 4
- AEO's page on the SEC website