American Eagle Outfitters' (AEO) Holiday Comps May Not Meet Investor Expectations - Mizuho Securities Cuts PT to $16
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American Eagle Outfitters Provides Fourth Quarter Update, Reiterates EPS Guidance, Announces Participation in the 18th Annual ICR Conference
January 8, 2016 8:00 AM ESTPITTSBURGH--(BUSINESS WIRE)-- American Eagle Outfitters, Inc. (NYSE: AEO) today announced that fourth quarter comparable sales to date have increased 4%. The company continues to expect fourth quarter EPS to be in the range of $0.40 to $0.42 per diluted share, compared to EPS from continuing operations of $0.36 last year.
Jay Schottenstein, chief executive officer commented, Despite a very challenging macro-environment, we had a solid holiday season, driven by positive results in both our brands. The online business was particularly strong, and we leveraged our omni-channel tools to deliver an improved customer experience. I am extremely... More
