American Eagle Outfitters (AEO) tops consensus, raises full-year revenue guidance
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AEO Inc. Reports Record Third Quarter Revenue and Strong Operating Profit; Updated Annual Outlook Reflects Improved Demand and Profit Improvement Initiatives
November 21, 2023 8:00 AM ESTRecord third quarter revenue of $1.3 billion, up 5% to last year, with growth across brands and channels Operating profit of $125 million, up to last year; Second highest since 2012 Aerie posted all-time high third quarter revenue and operating margin; Comparable sales up 12% to last year American Eagle revenue and comparable sales up 2% to last year, reflecting continued sequential improvement in trends Continued progress on profit improvement initiatives
PITTSBURGH--(BUSINESS WIRE)-- American Eagle Outfitters, Inc. (NYSE:... More
