American Eagle Outfitters (AEO) Reaffirms Q4 EPS Guidance
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American Eagle Outfitters, Inc. Reaffirms Fourth Quarter EPS Guidance of 34 to 36 Cents
January 13, 2020 8:00 AM ESTQuarter-To-Date Comp Sales Approximately Flat
PITTSBURGH--(BUSINESS WIRE)-- American Eagle Outfitters, Inc. (NYSE: AEO) today announced that fourth quarter comparable sales to date are approximately flat, following a 6% comp increase last year. The company reaffirms its previously issued fourth quarter EPS guidance in the range of $0.34 to $0.36 per diluted share. This guidance excludes potential asset impairment and restructuring charges.
Despite some expected challenges, we delivered another holiday season of record revenue, driven by strength in the Aerie brand and American Eagles signature jeans collections, commented Jay Schottenstein, AEOs Chief... More
