American Eagle Outfitters (AEO) Reports 11% Drop in July Same Store Sales; Guides Q2 In-Line

August 6, 2009 8:11 AM EDT
American Eagle Outfitters, Inc. (NYSE: AEO) reports total sales for the month of July were $215 million, down 8% from the same period last year. Same store sales fell 11%.

Sees Q2 adj-EPS of $0.14, which compares to the company's previously issued guidance of $0.12-$0.15. The Street is currently looking for Q2 EPS of $0.14.

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Guidance, Retail Sales