American Eagle Outfitters news and archive

American Eagle Outfitters reports challenging Q1, withdraws outlook

American Eagle Outfitters (AEO) revealed a challenging first quarter with net revenue decreasing by 5 percent to 1.1 billion dollars and comparable sales down by 3 percent. Both key brands saw decreases, with Aerie comparable sales down 4 percent and American Eagle comparable sales down 2 percent. Given the macro uncertainty and the...

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American Eagle Outfitters withdraws guidance after millions in write-downs on inventories

US clothing group American Eagle Outfitters withdrew its forecasts for the full year following disappointing preliminary figures for the first quarter. Revenues are expected to fall by 5 percent to 1.1 billion dollars. Sales at the main brand American Eagle fell by 2 percent, and at the activewear label Aerie by 4 percent. An adjusted operating...

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American Eagle Outfitters withdraws 2025 guidance after weak Q1

American Eagle Outfitters (AEO) has released its preliminary first-quarter 2025 results, revealing a decline in revenue and comparable sales. The company expects revenue to be approximately 1.1 billion dollars, a decrease of about 5 percent compared to the first quarter of the previous year. Comparable sales are projected to be down roughly 3...

Retail

American Eagle hosts denim pop-up in Nashville

Youth apparel retailer American Eagle hosted a unique pop-up concept in Nashville, the Denim Deli, as it aims to breathe fresh air into the retail experience. The pop-up, which took place from March 21 to 22, was at 12 South, a retail and dining destination. It included several in-person activations, during which the brand engaged directly with...

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American Eagle forecasts sales decline amid challenging retail environment

Apparel retailer American Eagle anticipates a challenging year ahead, forecasting mid-single-digit sales declines for the current quarter, diverging from analysts' expectations of marginal growth. Full-year projections also point to a low single-digit sales decrease, falling short of consensus estimates. During an analyst call, finance chief...

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American Eagle lifts profit guidance

American Eagle Outfitters (AEO) announced that fourth quarter-to-date comparable sales to January 4, 2025, were up in the low single digits, tracking ahead of recent guidance of positive 1 percent. The company said trends across American Eagle and Aerie were positive. As a result, American Eagle is raising its fourth quarter outlook, with...

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After a mixed quarter American Eagle Outfitters lowers sales forecast

The US clothing group American Eagle Outfitters Inc. (AEO) presented mixed figures for the third quarter of the 2024/25 fiscal year on Wednesday evening and revised its sales forecast downwards. In the 13 weeks before November 2, group sales reached 1.29 billion US dollars (1.22 billion euros). This represents a one percent drop compared to the...

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AEO Inc. reports growth across all brands for Q3

AEO Inc. reported an increase of 3 percent in total comparable sales for its third quarter, following a 5 percent growth in comparable sales during the same period last year, highlighting the success of the company’s profitable growth plan. The parent company of American Eagle and Aerie, AEO Inc., reported a 1 percent decline in total net...

AEO Inc. reports growth across all brands for Q3

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American Eagle's Q2 revenues increase by 8 percent

American Eagle Outfitters (AEO) second quarter net revenue of 1.3 billion dollars rose 8 percent, while store revenue rose 7 percent and digital revenue increased 12 percent. AEO’s diluted earnings per share were 39 cents. For the third quarter, the company expects operating income to be in the range of 120 to 125 million dollars, comparable...

Fashion

AEO awards one million dollars worth of scholarships

American Eagle Outfitters (AEO) has named 19 new recipients that will receive support under its scholarship programme for 2024, bringing its total value of scholarships awarded to over one million dollars. Now in the fourth cohort, the latest batch of scholarship students, who continued to be awarded under the AEO Steven A. Davis Scholarship for...

People

American Eagle Outfitters appoints Stephanie Pugliese as independent director

American Eagle Outfitters (AEO) has announced the appointment of Stephanie Pugliese to the company’s board of directors. Pugliese, the company said in a release, joins as an independent director, effective August 1, 2024. The addition of Pugliese increases AEO’s board to eight directors, seven of whom are independent. “Stephanie’s appointment...