American Eagle Outfitters (AEO) Tops Q2 EPS by 3c, Comps Up 2%
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American Eagle Outfitters Report Second Quarter Results, Comp Sales Increased 2%, Sales and EPS Above Expectations
August 23, 2017 8:00 AM EDTPITTSBURGH--(BUSINESS WIRE)-- American Eagle Outfitters, Inc. (NYSE: AEO) today reported EPS of $0.12 for the second quarter ended July 29, 2017. Excluding restructuring and related charges of $0.07 per diluted share, the companys adjusted EPS was $0.19 for the second quarter.
Jay Schottenstein, Chief Executive Officer commented, In the second quarter, we achieved sales and earnings above our expectations in a challenging retail environment. Sales trends improved and Im proud of the continued growth in jeans, bottoms, womens apparel and Aerie, with encouraging signs in mens tops beginning to emerge. Our brands are strong and... More
