American Eagle Outfitters (AEO) Sees Q4 EPS In-Line with Prior Views
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American Eagle Outfitters Provides Fourth Quarter Update, Reiterates EPS Guidance, Announces Participation in the 19th Annual ICR Conference
January 5, 2017 8:30 AM ESTPITTSBURGH--(BUSINESS WIRE)-- American Eagle Outfitters, Inc. (NYSE: AEO) today announced that fourth quarter comparable sales to date are approximately flat. The company continues to expect fourth quarter EPS to be within the range of $0.37 to $0.39 per diluted share, consistent with its previous guidance.
Jay Schottenstein, Chief Executive Officer commented, The holiday sales season was choppy and highly promotional, but overall, Im pleased that we are meeting many of our objectives for the quarter. We had a strong Thanksgiving shopping period, and despite traffic weakness in the malls leading into Christmas,... More
