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American Eagle Outfitters Inc (AEO.N)

AEO.N on New York Stock Exchange

14.64USD
18 Sep 2020
Change (% chg)

$-0.25 (-1.68%)
Prev Close
$14.89
Open
$15.03
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$14.49
Volume
2,842,252
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1,242,594
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$17.27
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$6.54

Latest Key Developments (Source: Significant Developments)

American Eagle Outfitters Reports Second Quarter Results
Wednesday, 9 Sep 2020 

Sept 9 (Reuters) - American Eagle Outfitters Inc ::AMERICAN EAGLE OUTFITTERS REPORTS SECOND QUARTER RESULTS.Q2 LOSS PER SHARE $0.08.Q2 REVENUE $884 MILLION VERSUS REFINITIV IBES ESTIMATE OF $847.8 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $-0.16 -- REFINITIV IBES DATA.AMERICAN EAGLE OUTFITTERS - IN Q2, INCURRED INCREMENTAL COVID-19 EXPENSES & RESTRUCTURING CHARGES OF ABOUT $15 MILLION PRE-TAX, OR $0.05 PER SHARE AFTER-TAX.ENDING INVENTORY DECLINED 21%; AEO IS WELL POSITIONED FOR SECOND HALF.BY BRAND, AMERICAN EAGLE REVENUE DECREASED 26% IN QUARTER.AT THIS POINT DOES NOT ANTICIPATE DECLARING A DIVIDEND FOR REST OF THIS YEAR.IN QUARTER, CO INCURRED INCREMENTAL COVID-19 EXPENSES AND RESTRUCTURING CHARGES OF ABOUT $15 MILLION PRE-TAX.FOR FISCAL 2020, COMPANY CONTINUES TO EXPECT CAPITAL EXPENDITURES TO BE IN RANGE OF $100 TO $125 MILLION.IN QUARTER, CO INCURRED RESTRUCTURING CHARGES OF $3 MILLION PRE-TAX.Q2 DIGITAL DEMAND, AS MEASURED BY ORDERED SALES, INCREASED 48%.CONTINUES TO EXPECT CAPITAL EXPENDITURES TO BE IN THE RANGE OF $100 TO $125 MILLION FOR 2020.REPAID $130 MILLION IN OUTSTANDING BORROWINGS FROM ITS REVOLVING CREDIT FACILITY DURING Q2.AE BRAND INVENTORY WAS SIGNIFICANTLY LOWER, AS INVENTORIES WERE CUT DUE TO COVID-19-RELATED STORE CLOSURES IN QUARTER.IN THE FALL, CO PLANS TO CONTINUE INVENTORY OPTIMIZATION INITIATIVES TO STREAMLINE ASSORTMENTS.  Full Article

American Eagle Outfitters Says Launched Offline By Aerie, New Sub-Brand Offering Collection Of Activewear & Accessories
Monday, 27 Jul 2020 

July 27 (Reuters) - American Eagle Outfitters Inc ::AMERICAN EAGLE OUTFITTERS - LAUNCHED OFFLINE BY AERIE, NEW SUB-BRAND OFFERING COLLECTION OF ACTIVEWEAR & ACCESSORIES.  Full Article

American Eagle Outfitters Launches Mood, A Wellness And Personal Care Product Line
Wednesday, 2 Oct 2019 

Oct 1 (Reuters) - American Eagle Outfitters Inc ::AMERICAN EAGLE OUTFITTERS INC - ANNOUNCED LAUNCH OF MOOD, A WELLNESS AND PERSONAL CARE PRODUCT LINE OFFERED AT CO'S STORES AND ONLINE.  Full Article

BRIEF-Green Growth Brands Announces Agreement With American Eagle To Sell CBD-Infused Personal Care Products (July 11)
Thursday, 11 Jul 2019 

Corrects RIC in Further Company Coverage:GREEN GROWTH BRANDS ANNOUNCES AGREEMENT WITH AMERICAN EAGLE TO SELL CBD-INFUSED PERSONAL CARE PRODUCTS.GREEN GROWTH BRANDS - SALES OF PRODUCT, EXCLUSIVELY DEVELOPED FOR AMERICAN EAGLE, EXPECTED TO BEGIN IN OCTOBER 2019.GREEN GROWTH BRANDS - TO SELL HEMP-DERIVED CBD INFUSED PERSONAL CARE PRODUCTS IN NEARLY 500 OF AMERICAN EAGLE STORES, ONLINE.  Full Article

American Eagle Outfitters Says Q1 Same Store Sales Rose 6%
Wednesday, 5 Jun 2019 

June 5 (Reuters) - American Eagle Outfitters Inc ::AMERICAN EAGLE OUTFITTERS REPORTS RECORD FIRST QUARTER REVENUE.Q1 EARNINGS PER SHARE $0.23.Q1 REVENUE $886 MILLION VERSUS REFINITIV IBES ESTIMATE OF $855.6 MILLION.Q1 SAME STORE SALES ROSE 6 PERCENT.Q1 EARNINGS PER SHARE ESTIMATE $0.21 -- REFINITIV IBES DATA.SEES Q2 2019 EARNINGS PER SHARE ABOUT $0.30 TO $0.32.Q1 ADJUSTED EARNINGS PER SHARE $0.24 EXCLUDING ITEMS.QTRLY CONSOLIDATED COMPARABLE SALES INCREASED 6%, FOLLOWING A 9% COMPARABLE SALES INCREASE LAST YEAR..QTRLY AMERICAN EAGLE'S COMPARABLE SALES INCREASED 4%, FOLLOWING A 4% INCREASE LAST YEAR..QUARTER-END TOTAL ENDING INVENTORIES AT COST INCREASED 13% TO $456 MILLION.CONTINUE TO EXPECT ANNUAL CAPITAL EXPENDITURES TO BE IN RANGE OF $200 TO $215 MILLION..SEES Q2 COMPARABLE SALES INCREASE IN LOW SINGLE DIGITS.AMERICAN EAGLE OUTFITTERS - IN Q1 OF 2019, INCURRED RESTRUCTURING CHARGES TOTALING $1.5 MILLION, OR APPROXIMATELY $0.01 PER SHARE.EXPECTS Q2 2019 EPS TO BE APPROXIMATELY $0.30 TO $0.32..Q2 GUIDANCE EXCLUDES POTENTIAL ASSET IMPAIRMENT AND RESTRUCTURING CHARGES.Q2 EARNINGS PER SHARE VIEW $0.35 -- REFINITIV IBES DATA.  Full Article

Aeo Declares A Regular Quarterly Dividend Of $0.1375 Per Share
Thursday, 14 Mar 2019 

American Eagle Outfitters Inc ::AEO DECLARES A REGULAR QUARTERLY DIVIDEND OF $0.1375 PER SHARE.  Full Article

Aeo Reports Fourth Quarter EPS Of $0.43
Thursday, 7 Mar 2019 

March 6 (Reuters) - American Eagle Outfitters Inc ::AEO REPORTS RECORD FOURTH QUARTER AND ANNUAL REVENUE; FOURTH QUARTER EPS OF $0.43; ANNUAL EPS OF $1.47 +30%.Q4 EARNINGS PER SHARE $0.43.Q4 REVENUE $1.24 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.26 BILLION.Q4 SAME STORE SALES ROSE 6 PERCENT.Q4 EARNINGS PER SHARE ESTIMATE $0.42 -- REFINITIV IBES DATA.SEES Q1 2019 EARNINGS PER SHARE ABOUT $0.19 TO $0.21.AMERICAN EAGLE Q4 COMPS ROSE 3%, AERIE INCREASED 23%.TOTAL ENDING INVENTORY AT COST INCREASED 7% TO $424 MILLION AT QUARTER END.AMERICAN EAGLE OUTFITTERS - FOR FISCAL 2019, EXPECTS CAPEX TO BE IN RANGE OF $200 MILLION TO $215 MILLION.AN ANTICIPATED COMPARABLE SALES INCREASE IN LOW SINGLE DIGITS IN Q1.Q1 EARNINGS PER SHARE VIEW $0.24 -- REFINITIV IBES DATA.QTRLY COMPARABLE SALES ROSE 6%.  Full Article

American Eagle Outfitters, Inc. Provides Q4 Update
Monday, 14 Jan 2019 

Jan 14 (Reuters) - American Eagle Outfitters Inc ::AMERICAN EAGLE OUTFITTERS, INC. PROVIDES FOURTH QUARTER UPDATE.REAFFIRMS Q4 EARNINGS PER SHARE VIEW $0.40 TO $0.42.Q4 SAME STORE SALES ROSE 6 PERCENT.Q4 EARNINGS PER SHARE VIEW $0.42 -- REFINITIV IBES DATA.  Full Article

American Eagle Outfitters Exec Says Co On Track To Open Roughly 40 Aerie Stores This Year And 5 Ae Stores Net Of Closures
Wednesday, 12 Dec 2018 

Dec 11 (Reuters) - American Eagle Outfitters Inc ::EXEC - ACCELERATING AERIE STORE GROWTH TO 60 TO 70 OPENINGS NEXT YEAR - CONF CALL.Q3 GROSS MARGIN RATE INCREASED 80 BASIS POINTS TO 39.8 PERCENT OF REVENUE DUE TO LOWER MARKDOWNS AND RENT LEVERAGE.Q3 GROSS MARGIN SLIGHTLY OFFSET BY HIGHER DELIVERY COST DUE IN PART TO INCREASED DIGITAL TRANSACTIONS - CONF CALL.WE ARE ON TRACK TO OPEN ROUGHLY 40 AERIE STORES THIS YEAR AND 5 AE STORES NET OF CLOSURES - CONF CALL.EXPECTS Q4 GROSS MARGIN EITHER FLAT OR SLIGHTLY IMPROVED VERSUS. LAST YEAR - CONF CALL.ON SG&A IN Q4 - WE HAVE BEEN MAKING INVESTMENTS IN ADVERTISING, STORES PAYROLL, CAPITAL TO SUPPORT OMNI-CHANNEL INITIATIVES.EXEC- WE ARE INCREASING OUR INVESTMENT IN ADVERTISING BY $10 MILLION IN THE FOURTH QUARTER - CONF CALL.CFO - I THINK THE HOLIDAY SEASON IS PRETTY PROMOTIONAL OUT THERE - CONF CALL.CFO - WE ARE PREPARED TO COMPLETE IN THE PROMOTIONAL ENVIRONMENT IN Q4 AND THROUGH THE REST OF DECEMBER - CONF CALL.  Full Article

American Eagle Outfitters Reports Q3 EPS Of $0.48
Wednesday, 12 Dec 2018 

Dec 11 (Reuters) - American Eagle Outfitters Inc ::AEO REPORTS RECORD THIRD QUARTER SALES OF $1 BILLION, ADJUSTED EPS GROWS 30%.Q3 EARNINGS PER SHARE $0.48.SEES Q4 EARNINGS PER SHARE $0.40 TO $0.42.Q3 REVENUE $1.004 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.02 BILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.48 -- REFINITIV IBES DATA.Q4 EARNINGS PER SHARE ESTIMATE $0.46 -- REFINITIV IBES DATA.AMERICAN EAGLE OUTFITTERS QTRLY CONSOLIDATED COMPARABLE SALES INCREASED 8% OVER COMPARABLE PERIOD ENDING NOVEMBER 4, 2017.QTRLY COMPARABLE SALES ROSE 8%.QTRLY AMERICAN EAGLE COMPARABLE SALES INCREASED 5%, BUILDING ON A 1% INCREASE LAST YEAR.QTRLY AERIE'S COMPARABLE SALES INCREASED 32%, FOLLOWING A 19% INCREASE LAST YEAR.SEES Q4 COMPARABLE SALES IN POSITIVE MID- SINGLE DIGITS AND TOTAL REVENUE GROWTH IN LOW SINGLE DIGITS.TOTAL ENDING INVENTORIES AT COST INCREASED 11% TO $592 MILLION AT QUARTER END.EXPECT Q4 ENDING INVENTORY TO BE UP IN MID- TO HIGH- SINGLE DIGITS.AMERICAN EAGLE OUTFITTERS - HAD REPORTED ADJUSTED EARNINGS PER SHARE OF $0.44 IN Q4 LAST YEAR .  Full Article

UPDATE 1-American Eagle posts smaller-than-expected loss as loungewear demand surges

Sept 9 American Eagle Outfitters Inc reported a smaller-than-expected quarterly loss on Wednesday, as people working from home due to the COVID-19 pandemic shopped online for comfortable athleisure and lounge apparel from its Aerie label.