American Eagle Outfitters (AEO) October Comps Fall 5%, Narrows EPS Guidance
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- American Eagle Outfitters (AEO) October Comps Fall 5%, Narrows EPS Guidance
American Eagle Outfitters, Inc. (NYSE: AEO) said October comparable store sales decreased 5%. Total sales for the four weeks ended October 31, 2009 decreased 5% to $195.1 million.
Total sales for the third quarter ended October 31, 2009 decreased 1% to $749.0 million.
Management expects third quarter non-GAAP earnings to be $0.20 to $0.21 per diluted share, versus previous third quarter non-GAAP earnings guidance was $0.19 to $0.21. The Wall Street consensus is $0.22.
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