American Eagle Outfitters Reports Strong Third Quarter Sales and EPS Growth

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Cowen Reiterates Bullish View on American Eagle Outfitters (AEO) on Solid Execution

December 3, 2015 7:58 AM EST

Cowen reiterated an Outperform rating and $20.00 price target on American Eagle Outfitters (NYSE: AEO) following the company's 3Q earnings report. AEO's 3Q results were driven by strong comp & gross margin performance. Comps were +9% overall, with AE +8% and aerie +21%. Traffic was up y/y... More

American Eagle Outfitters (AEO) Tops Q3 EPS by 1c, Comps Increase 9%; Q4 EPS Guidance In-Line

December 2, 2015 4:06 PM EST

American Eagle Outfitters (NYSE: AEO) reported Q3 EPS of $0.35, $0.01 better than the analyst estimate of $0.34. Revenue for the quarter came in at $919 million versus the consensus estimate of $924.38 million.

Comparable Sales Increase 9%

GUIDANCE:

American Eagle Outfitters sees Q4 2015... More

American Eagle Outfitters (AEO) Names New CEO

December 2, 2015 4:03 PM EST

American Eagle Outfitters (NYSE: AEO) announced its Board of Directors has appointed Jay L. Schottenstein Chief Executive Officer, effective immediately. Jay will continue in his role as Executive Chairman of the Board. He has served as interim Chief Executive Officer since January of 2014.

Jay has orchestrated a swift recovery since taking the helm,... More