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American Eagle Outfitters Q4 comparable sales increased 4%

Staff writer ▼ | January 9, 2016
American Eagle Outfitters announced that fourth quarter comparable sales to date have increased 4%.
American Eagle Outfitters
American Eagle Outfitters   The company had a solid holiday season
The company continues to expect fourth quarter EPS to be in the range of $0.40 to $0.42 per diluted share, compared to EPS from continuing operations of $0.36 last year.

Jay Schottenstein, chief executive officer commented, “Despite a very challenging macro-environment, we had a solid holiday season, driven by positive results in both our brands.

“The online business was particularly strong, and we leveraged our omni-channel tools to deliver an improved customer experience.

“I am extremely pleased with the steady progress made in 2015, with expected annual EPS growth of roughly 70%. I’m optimistic about our future plans, and across the organization we are diligently focused on driving continued momentum in 2016.”