American Eagle Outfitters (AEO) Reports In-Line Q3 Revenue

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AEO Delivers Third Quarter Results Ahead of Expectations with Meaningful Margin Improvement from First Half

November 22, 2022 8:00 AM EST

Aerie achieves all-time high third quarter revenue and operating profit Actions to right size inventory and expenses fuel sequential profit improvement Operating profit of $118 million exceeded pre-pandemic 2019 levels Continuing to prioritize profit recovery and cash generation

PITTSBURGH--(BUSINESS WIRE)-- American Eagle Outfitters, Inc. (NYSE: AEO) today announced financial results for the third quarter ended October 29, 2022.

Im pleased to deliver a third quarter that exceeded our expectations, with profit margins meaningfully... More