Jefferies Remains Bullish as AUC Tailwinds Drive American Eagle Outfitters' (AEO) Strong 4Q
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March 3, 2016 8:18 AM EST
Piper 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
March 2, 2016 4:01 PM EST
American Eagle Outfitters (NYSE: AEO) reported Q4 EPS of $0.42, in-line with the analyst estimate of $0.42. Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.12 billion.
Consolidated comparable sales increased 4%, compared to flat comparable sales last... More
March 2, 2016 7:54 AM EST
By 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
March 1, 2016 3:38 PM EST
The Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
7:00am EST
MBA Mortgage Index - no Street consensus
8:15am EST
ADP Employment Change - Street sees 190k
Earnings:
Abercrombie & Fitch (NYSE: ANF) - consensus EPS $0.99
Almost Family (Nasdaq: AFAM) - consensus EPS $0.55
Brown-Forman (NYSE: BF-A) - consensus EPS $0.94
Diana Shipping (NYSE: DSX) - consensus loss... More
