American Eagle Outfitters (NASDAQ:AEOS)
Historical Stock Chart
From Jun 2019 to Jun 2024
![Click Here for more American Eagle Outfitters Charts. Click Here for more American Eagle Outfitters Charts.](/p.php?pid=staticchart&s=N%5EAEOS&p=8&t=15)
American Eagle Outfitters, Inc. (NASDAQ:AEOS) today announced that total
sales for the month ended November 25, 2006 increased 21% to $247.0
million, compared to $203.5 million for the month ended November 26,
2005. Comparable store sales increased 14% for the month.
In November the company experienced a strong kick-off to the holiday
season, and management was pleased with the performance throughout the
month including the Thanksgiving weekend. Customers responded well to
the holiday collection and the company believes the brand is
well-positioned as a gift destination this season.
Jim O'Donnell, Chief Executive Officer commented, "I am pleased with our
performance, in particular, the Thanksgiving weekend, which is the start
of the holiday season. We continue to differentiate the AE brand,
through on-trend assortments and a strong connection with our customers."
Total sales for the year-to-date forty-three week period ended November
25, 2006 increased 18% to $2.068 billion, compared to $1.756 billion for
the forty-three week period ended November 26, 2005. Comparable store
sales increased 11% for the year-to-date period.
At this point in the quarter, the company is reiterating its fourth
quarter earnings guidance of $0.94 to $0.96 per share compared to $0.71
per share last year, which would represent 32%-35% growth over last
year. Adjusted for the 3 for 2 stock split payable December 18th,
fourth quarter earnings guidance is $0.63 to $0.64 per share, compared
to $0.47 per share last year.
To access the company’s recorded monthly sales
commentary, please call 800-642-1687, conference code 3282124#.
About American Eagle Outfitters:
American Eagle Outfitters (Nasdaq:AEOS) is a leading retailer that
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 Outfitters currently
operates 836 stores in 50 states, the District of Columbia and Puerto
Rico, and 72 AE stores in Canada. AE also operates ae.com,
which offers additional sizes and styles of favorite AE merchandise and
ships around the world. In September of this year, the company launched
a new collection of dormwear and intimates. “aerie
by American Eagle” is now 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 has also 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 four stores and plans to open one additional store
this year. 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
fourth 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 fourth quarter sales, markdowns
and/or 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.
American Eagle Outfitters, Inc. (NASDAQ:AEOS) today announced that
total sales for the month ended November 25, 2006 increased 21% to
$247.0 million, compared to $203.5 million for the month ended
November 26, 2005. Comparable store sales increased 14% for the month.
In November the company experienced a strong kick-off to the
holiday season, and management was pleased with the performance
throughout the month including the Thanksgiving weekend. Customers
responded well to the holiday collection and the company believes the
brand is well-positioned as a gift destination this season.
Jim O'Donnell, Chief Executive Officer commented, "I am pleased
with our performance, in particular, the Thanksgiving weekend, which
is the start of the holiday season. We continue to differentiate the
AE brand, through on-trend assortments and a strong connection with
our customers."
Total sales for the year-to-date forty-three week period ended
November 25, 2006 increased 18% to $2.068 billion, compared to $1.756
billion for the forty-three week period ended November 26, 2005.
Comparable store sales increased 11% for the year-to-date period.
At this point in the quarter, the company is reiterating its
fourth quarter earnings guidance of $0.94 to $0.96 per share compared
to $0.71 per share last year, which would represent 32%-35% growth
over last year. Adjusted for the 3 for 2 stock split payable December
18th, fourth quarter earnings guidance is $0.63 to $0.64 per share,
compared to $0.47 per share last year.
To access the company's recorded monthly sales commentary, please
call 800-642-1687, conference code 3282124#.
About American Eagle Outfitters:
American Eagle Outfitters (Nasdaq:AEOS) is a leading retailer that
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 Outfitters
currently operates 836 stores in 50 states, the District of Columbia
and Puerto Rico, and 72 AE stores in Canada. AE also operates ae.com,
which offers additional sizes and styles of favorite AE merchandise
and ships around the world. In September of this year, the company
launched a new collection of dormwear and intimates. "aerie by
American Eagle" is now 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 has also 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 four stores and plans to
open one additional store this year. 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 fourth 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 fourth quarter sales, markdowns and/or
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.