American Eagle Outfitters (AEO) Reports Q1 Loss of $1.54/sh

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American Eagle Outfitters Reports First Quarter Results

June 3, 2020 8:00 AM EDT

Digital demand accelerated, fueled by brand health and strong customer engagement
Aeries brand momentum continues
Early adoption of best-in-class health and safety measures for associates and customers
Fortified balance sheet provides foundation as AEO prepares to emerge with strength

PITTSBURGH--(BUSINESS WIRE)-- American Eagle Outfitters, Inc. (NYSE: AEO) today reported EPS of ($1.54) for the 13 weeks ended May 2, 2020. This compared to $0.23 for the 13 weeks ended May 4, 2019. Adjusted EPS of ($0.84) this year excluded $0.70 of impairment and restructuring charges discussed below and compared to adjusted EPS of $0.24 last... More