American Eagle Outfitters (AEO) Reports 4% Increase in Q4 Comps; Affirms EPS Outlook

American Eagle Outfitters, Inc. (NYSE: AEO) announced that fourth quarter comparable sales to date have increased 4%. The company continues to expect fourth quarter EPS to be in the range of $0.40 to $0.42 per diluted share, compared to EPS from continuing operations of $0.36 last year.

*** The Street sees Q4 EPS of $0.43.

Jay Schottenstein, chief executive officer commented, “Despite a very challenging macro-environment, we had a solid holiday season, driven by positive results in both our brands. The online business was particularly strong, and we leveraged our omni-channel tools to deliver an improved customer experience. I am extremely pleased with the steady progress made in 2015, with expected annual EPS growth of roughly 70%. I’m optimistic about our future plans, and across the organization we are diligently focused on driving continued momentum in 2016.”

The company will release fourth quarter and annual 2015 fiscal results on March 2, 2016 and will host a conference call to review financial results on that date.

ICR Conference

The company also announced that management will present at the 18th Annual ICR Conference on Tuesday, January 12, 2016 at 10:00 AM EST.

A link to the live webcast will be available on the company’s website, www.investors.ae.com at approximately 9:45 AM EST on Tuesday, January 12, 2016.

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