American Eagle Outfitters (AEO) Tops Q2 EPS by 4c, Comps Increase 9%, Offers Q3 Guidance
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American Eagle Outfitters Reports Record Second Quarter Sales, Strong EPS Growth
August 29, 2018 8:00 AM EDTTotal 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
