SunTrust Upgrades American Eagle Outfitters (AEO) to Buy
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Janney Capital Upgrades American Eagle Outfitters (AEO) to Buy
August 21, 2014 6:27 AM EDTJanney Capital upgraded American Eagle Outfitters (NYSE: AEO) from Neutral to Buy with a price target of $15.00 (from $10.00).
Analyst Adrienne Tennant cited: 1) inventory dollar growth coming inline with sales dollar growth, 2) ongoing cost and operating efficiencies, 3) Gross Margin Return on Inventory Investment (GMROI) bottoming in 2Q14 and we predict positively inflecting in... More
American Eagle Outfitters, Inc. (AEO) Tops Q2 EPS by 3c; Comps Fall 7%
August 20, 2014 8:03 AM EDTAmerican Eagle Outfitters, Inc. (NYSE: AEO) reported Q2 EPS of $0.03, $0.03 better than the analyst estimate of $0.00. Revenue for the quarter came in at $711 million versus the consensus estimate of $689.95 million. Consolidated comparable sales decreased 7%, following a 7% decrease last year.
American Eagle Outfitters,... More
