American Eagle Outfitters Inc.(AEO) reported that consolidated comparable store sales for the month of January increased 10%, compared to a 22% decrease for the same period last year. Total sales increased 18% to $163.5 million, from $138.9 million in the prior year period.
Total sales for the fourth-quarter increased 7% to $972.0 million, from $905.7 million in the year ago quarter. Comparable store sales increased 5% for the quarter compared a 16% decrease for the same period last year.
The company is updating its fourth quarter earnings guidance to $0.32 - $0.33 per share. This guidance excludes potential investment security or store impairment charges. Previous fourth quarter earnings guidance was $0.30 to $0.32 per diluted share. Analysts polled by Thomson Reuters expect the company to report earnings of $0.32 per share for the quarter. Analysts' estimates typically exclude special items.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.