American Eagle Outfitters (AEO) Momentum is Sustainable - Stifel
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American Eagle Outfitters Reports Strong First Quarter Sales and EPS Growth
May 18, 2016 4:01 PM EDTComparable Sales Increase 6% and EPS Rises 47% to $0.22
PITTSBURGH--(BUSINESS WIRE)-- American Eagle Outfitters, Inc. (NYSE: AEO) today reported EPS of $0.22 for the first quarter ended April 30, 2016, a 47% increase from EPS of $0.15 for the comparable quarter last year. The EPS figures refer to diluted earnings per share.
Jay Schottenstein, Chief Executive Officer commented, In a tough retail environment, AEO delivered a strong first quarter, driven by compelling merchandise, strategic investments and solid execution across the organization. We achieved higher sales and profitability following strong growth last... More
