American Eagle Outfitters, Inc. Announces Revenue Results for the Nine-Week Period Ended January 3, 2015; Revises Earnings Guidance for the Fourth Quarter of 2014
January 08, 2015 at 06:30 pm IST
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American Eagle Outfitters, Inc. announced revenue results for the nine-week period ended January 3, 2015. For the period, the company's total net revenue increased 1% to $893 million compared to $882 million for the nine-week period ended January 4, 2014. Consolidated comparable sales decreased 2%.
For the fourth quarter of 2014, the company now expects EPS to be approximately $0.32 to $0.34 per diluted share compared to adjusted EPS of $0.27 per share last year, representing growth of 19% to 26%. The company's previous EPS guidance was $0.30 to $0.33 per diluted share. The guidance excludes potential asset impairment and restructuring charges.
American Eagle Outfitters, Inc. is a global specialty retailer. The Company offers clothing, accessories and personal care products under its American Eagle and Aerie brands. The Company operates through two segments: American Eagle and Aerie. American Eagle is an American jeans and apparel brand. Aerie is a lifestyle brand offering intimates, apparel, activewear, and swim collections. OFFLINE by Aerie offers a complete collection of activewear and accessories. The Company sells its products directly to consumers through its retail channel, which includes its stores and concession-based shops-within-shops. It operates stores in the United States, Canada, Mexico, and Hong Kong. The Company has license agreements with third parties to operate American Eagle and Aerie stores and online marketplace businesses throughout Asia, including India, Europe, Latin America, and the Middle East. The Company also operates Todd Snyder New York (Todd Snyder), a premium menswear brand.
American Eagle Outfitters, Inc. Announces Revenue Results for the Nine-Week Period Ended January 3, 2015; Revises Earnings Guidance for the Fourth Quarter of 2014
AMERICAN EAGLE OUTFITTERS, INC. 
