American Eagle Outfitters (AEO) Comparable SSS Down 16%
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Price: $17.60 -1.01%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.8%
Revenue Growth %: +6.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.8%
Revenue Growth %: +6.6%
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American Eagle Outfitters, Inc. (NYSE: AEO) announced that comparable store sales decreased 16% for the month, compared to a 12% decrease for the same period last year.
March sales were consistent with the company's range of sales expectations, and reflect the shift of Easter and related Spring breaks into April from March last year.
Total sales for the year-to-date nine week period ended April 4, 2009 decreased 5% to $419.8 million, compared to $442.4 million for the nine week period ended April 5, 2008. Comparable store sales decreased 13% for the year-to-date period compared to the same nine week period last year.
March sales were consistent with the company's range of sales expectations, and reflect the shift of Easter and related Spring breaks into April from March last year.
Total sales for the year-to-date nine week period ended April 4, 2009 decreased 5% to $419.8 million, compared to $442.4 million for the nine week period ended April 5, 2008. Comparable store sales decreased 13% for the year-to-date period compared to the same nine week period last year.
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