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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.