American Eagle Outfitters (AEO) Tops Q3 EPS by 16c

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American Eagle Outfitters Reports Record Third Quarter Results with Revenue Rising 24% and Operating Income More Than Doubling. This Reflects Strong Customer Demand and Excellent Execution on the “R

November 23, 2021 7:30 AM EST

Third Quarter 2021 Highlights Compared to Third Quarter 2020

Record revenue of $1.27 billion increased 24% Operating income of $210 million more than doubled, reaching a new third quarter high Strong demand, higher full-priced sales, reduced promotions and controlled costs fueled gross margin expansion to 44.3% and operating margin to 16.5% American Eagle net revenue rose 21% and operating income was up 68% Aerie net revenue increased 28% and operating income rose 46%

PITTSBURGH--(BUSINESS WIRE)-- American Eagle Outfitters, Inc. (NYSE: AEO) today announced financial... More