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American Eagle Outfitters (AEO) October Comps Fall 5%, Narrows EPS Guidance

November 5, 2009 8:08 AM EST
AEO Hot Sheet
EPS Growth %: +42.9%

Financial Fact:
Income from continuing operations: 0.1

Today's EPS Names:
SAPX, ECTY, TRNS, More
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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Guidance, Retail Sales

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