American Eagle Outfitters (AEO) Reports In-Line Q4 EPS; Guides Q1 EPS Above Views
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Piper Jaffray Raises Price Target on American Eagle Outfitters (AEO) Following Strong 4Q Results
March 3, 2016 8:18 AM ESTPiper Jaffray maintained an Overweight rating on American Eagle Outfitters (NYSE: AEO), and raised the price target to $20.00 (from $19.00), following the company's 4Q earnings report. AEO reported EPS of $0.42, at the high-end of AEO's prior announced EPS expectation range of $0.40-$0.42. Comparable-store sales... More
Jefferies Remains Bullish as AUC Tailwinds Drive American Eagle Outfitters' (AEO) Strong 4Q
March 3, 2016 7:30 AM ESTJefferies reiterated a Buy rating and $24.00 price target on American Eagle Outfitters (NYSE: AEO) following the company's 4Q earnings report. AEO reported another solid quarter, with healthy comp gains, a flat GM, and slight SG&A leverage. AEO pointed to AUC tailwinds... More
Abercrombie's turnaround effort boosts holiday sales, hits forecast
March 2, 2016 7:54 AM ESTBy Subrat Patnaik
(Reuters) - Abercrombie & Fitch Co (NYSE: ANF) posted a surprise rise in sales at established stores in the holiday-shopping quarter, ending a streak of more than three years of declines, a sign that its efforts to revive sales growth is paying off.
The teen apparel retailer has so far focused on the Hollister brand by stocking trendier clothes, revamping 12 stores to change music, lighting and displays, rather than the A&F brand that was once popular for its logo-centric clothing.
Hollister's California-inspired summerwear clothing is aimed mainly... More
