American Eagle Outfitters (AEO) Misses Q3 EPS by 1c, Comps Up 3%; Guides Q4 EPS Above Views
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American Eagle Outfitters Reports Record Third Quarter Sales, Comp Sales Increased 3%
December 6, 2017 8:00 AM ESTIntroduces Fourth Quarter Guidance
Holiday Sales Start Strong
PITTSBURGH--(BUSINESS WIRE)-- American Eagle Outfitters, Inc. (NYSE: AEO) today reported EPS of $0.36 for the third quarter ended October 28, 2017. Excluding restructuring and related charges of $0.01 per diluted share, the companys Adjusted EPS* was $0.37 for the third quarter. Included in our GAAP and Adjusted EPS is a discrete charge to reserve against a receivable of $14 million, or $0.05 per diluted share, which is recorded in Other Expense.
Jay Schottenstein, Chief Executive Officer commented, The third quarter produced record... More
