American Eagle Outfitters (AEO) Tops Q2 EPS by 4c, Comps Increase 9%, Offers Q3 Guidance

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Go back to American Eagle Outfitters (AEO) Tops Q2 EPS by 4c, Comps Increase 9%, Offers Q3 Guidance

American Eagle Outfitters Reports Record Second Quarter Sales, Strong EPS Growth

August 29, 2018 8:00 AM EDT

Total Revenue Increased 14%, Comparable Sales Rise 9%

Stores Drive Highest Comp since 2015, Digital Continues to Grow at Double-Digit Pace

EPS of 34 cents compared to 12 cents last year

PITTSBURGH--(BUSINESS WIRE)-- American Eagle Outfitters, Inc. (NYSE: AEO) today reported EPS of $0.34 for the quarter ended August 4, 2018, compared to $0.12 for the quarter ended July 29, 2017, up 183%. EPS of $0.34 increased 79% compared to adjusted EPS of $0.19 last year.

Jay Schottenstein, AEOs Chief Executive Officer commented, The second quarter results exceeded our expectations, delivering record sales and 79% growth in adjusted earnings. This marked our 14th consecutive... More