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American Eagle Outfitters reports 38% retreat in Q1 profit

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Staff Writer | May 17, 2017
American Eagle Outfitters reported earnings for first quarter that fell compared to the same period last year.
American Eagle Outfitters
American Eagle Outfitters   Profit came in at $25.24 million
The company said its profit came in at $25.24 million, or $0.14 per share. This was down from $40.48 million, or $0.22 per share, in last year's first quarter.

The company said revenue for the quarter rose 1.7% to $761.84 million. This was up from $749.42 million last year.

American Eagle Outfitters Inc. earnings at a glance:

- Earnings (Q1): $25.24 Mln. vs. $40.48 Mln. last year.
- Earnings Decline (Y-o-Y): -37.6%
- EPS (Q1): $0.14 vs. $0.22 last year.
- EPS Decline (Y-o-Y): -36.4%
- Revenue (Q1): $761.84 Mln vs. $749.42 Mln last year.
- Revenue Change (Y-o-Y): 1.7%

- Guidance:

Next quarter EPS guidance: $0.15 - $0.17.