American Eagle Outfitters (NASDAQ:AEOS)
Historical Stock Chart
From Jul 2019 to Jul 2024
American Eagle Outfitters, Inc. (NASDAQ:AEOS) today announced that total
sales for the four weeks ended March 3, 2007 were $166.3 million, an
increase of 16% compared to $143.1 million for the four week period
ended February 25, 2006. Due to the 53rd week in fiscal 2006, February
2007 comps are compared to the four week period ended March 4, 2006. On
this basis, the company delivered a comparable store sales increase of
6%, compared to 8% for same period last year.
February delivered a positive kick-off to the spring season, driven by
an on-trend spring assortment and continued strength in key item
businesses. Sales performance was led by improved in-store traffic and
increased transactions.
At this time, the company is establishing first quarter earnings
guidance of $0.31 to $0.33 per share, compared to $0.28 per share last
year.
To access the company’s recorded monthly sales
commentary, please call 800-642-1687, conference code 3282124#.
In a separate press release issued this morning, the company announced
its fourth quarter financial results. Management will hold a conference
call to discuss the results at 9:00 a.m. Eastern Time this morning. To
listen to the call please dial 877-601-0864 five to seven minutes prior
to the scheduled start time. The conference call will also be
simultaneously broadcast over the Internet at www.ae.com
or www.streetevents.com.
Anyone unable to listen to the call can access a replay beginning March
7, 2007 at 12:00 p.m. Eastern Time through March 21, 2007 by dialing
800-642-1687 and referencing confirmation code 4821967#.
About American Eagle Outfitters:
American Eagle Outfitters, Inc. (Nasdaq:AEOS) is a leading retailer that
operates under the American Eagle Outfitters and MARTIN + OSA brands.
American Eagle Outfitters designs, markets and sells its own brand of
laidback, current clothing targeting 15 to 25 year-olds, providing
high-quality merchandise at affordable prices. AE's original collection
includes standards like jeans and graphic Ts as well as essentials like
accessories, outerwear, footwear, basics and swimwear. American Eagle
currently operates 834 stores in 50 states, the District of Columbia and
Puerto Rico, and 72 AE stores in Canada. American Eagle also operates
ae.com, which offers additional sizes and styles of favorite AE
merchandise and ships around the world. The American Eagle brand also
includes a new collection of dormwear and intimates, “aerie
by American Eagle.” aerie is available
in American Eagle stores across the country and at aerie.com. It
includes bras, undies, camis, hoodies, robes, boxers, sweats and
leggings for the AE girl. Designed to be sweetly sexy, comfortable and
cozy, aerie offers AE customers a new way to express their
personal style everyday, from the dormroom to the coffee shop to the
classroom.
The company introduced MARTIN + OSA, a new sportswear concept targeting
25 to 40 year-old women and men. MARTIN + OSA carries apparel,
accessories and footwear, using denim and sport inspiration to design
fun and sport back into sportswear. MARTIN + OSA currently operates six
stores. For additional information and updates, visit martinandosa.com.
“Safe Harbor”
Statement under the Private Securities Litigation Reform Act of 1995:
This release contains forward-looking statements, which represent our
expectations or beliefs concerning future events, specifically regarding
first quarter earnings. All forward-looking statements made by the
company involve material risks and uncertainties and are subject to
change based on factors beyond the company’s
control. Such factors include, but are not limited to the risk that the
company’s first quarter earnings expectations
may not be achieved and those other risks described in the Risk Factor
Section of the company’s Form 10-K and Form
10-Q filed with the Securities and Exchange Commission. Accordingly, the
company's future performance and financial results may differ materially
from those expressed or implied in any such forward-looking statements.
The company does not undertake to publicly update or revise its
forward-looking statements even if future changes make it clear that
projected results expressed or implied will not be realized.