American Eagle Outfitters (AEO) Target, Estimates Raised at Janney Capital; OK to Chase the Shares
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American Eagle Outfitters Reports Strong First Quarter 2015 Results with 7% Comparable Sales Growth and EPS of $0.15 versus $0.02 Last Year
May 20, 2015 8:01 AM EDTPITTSBURGH--(BUSINESS WIRE)-- American Eagle Outfitters, Inc. (NYSE: AEO) today reported EPS of $0.15 for the first quarter ended May 2, 2015, a significant increase from EPS of $0.02 for the comparable quarter last year, and above EPS guidance of $0.09 to $0.12. The EPS figures refer to diluted earnings per share.
Jay Schottenstein, Interim CEO commented, Our strong first quarter results reflected outstanding merchandise and customer-focused execution. Both AE and aerie performed well, achieving higher sales and earnings, proving successful in a price promotional retail climate. We will continue to raise the bar by offering great product quality,... More
