American Eagle Outfitters affirms Q4 EPS outlook

American Eagle Outfitters has announced that fourth quarter comparable sales to date have increased 8 percent. The company said that it is reiterating its previously issued fourth quarter EPS guidance in the range of 0.42 dollar to 0.44 dollar per diluted share compared to adjusted EPS of 0.39 dollar last year.

Commenting on the update, Jay Schottenstein, the company’s CEO said in a statement: “We are extremely pleased to report a successful holiday season with record sales and strong momentum across the American Eagle and Aerie brands. Customers responded well to our merchandise offerings, which fueled positive traffic both online and in stores.”

The company operates more than 1,000 stores in the United States, Canada, Mexico, China and Hong Kong, and ships to 81 countries worldwide through its websites. American Eagle Outfitters and Aerie merchandise also is available at more than 200 international locations operated by licensees in 24 countries.

Picture:American Eagle Outfitters website