AEO Inc. Reports Record Third Quarter Revenue and Strong Operating Profit; Updated Annual Outlook Reflects Improved Demand and Profit Improvement Initiatives

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Go back to AEO Inc. Reports Record Third Quarter Revenue and Strong Operating Profit; Updated Annual Outlook Reflects Improved Demand and Profit Improvement Initiatives

American Eagle Outfitters (AEO) tops consensus, raises full-year revenue guidance

November 21, 2023 8:36 AM EST

American Eagle Outfitters (NYSE: AEO) shares plunged more than 16% premarket on the back of its latest quarterly earnings despite topping consensus estimates and raising its annual revenue forecast.

The clothing retailer reported Q3 EPS of $0.49, $0.01 better than the analyst estimate of $0.48. Revenue was a record for the quarter, coming in at $1.3 billion, up 5% YoY and... More

American Eagle Outfitters (AEO) Tops Q3 EPS by 1c

November 21, 2023 8:01 AM EST

American Eagle Outfitters (NYSE: AEO) reported Q3 EPS of $0.49, $0.01 better than the analyst estimate of $0.48. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.28 billion.

Outlook:

For Fiscal 2023, management expects revenue to be up... More