American Eagle Outfitters Inc.

NYSE:AEO   2:05:21 PM EDT
35.94
+1.50 (+4.36%)
Other Pre-Announcement

American Eagle Outfitters Reports Record First Quarter Revenue And Operating Income

Published: 05/26/2021 21:53 GMT
American Eagle Outfitters Inc. (AEO) - American Eagle Outfitters Reports Record First Quarter Revenue and Operating Income, Exceeding Expectations With Positive Growth Across Brands -- Results Reflect Excellent Execution on the “real Power.
Real Growth.
” Value Creation Plan.
Q1 Revenue $1.03 Billion Versus Refinitiv Ibes Estimate of $1.02 Billion.
Digital Momentum Continued With Revenue Up 57% Including Aerie Up 158% and Ae Up 20% in Quarter.
For Fiscal 2021, Company Expects Capital Expenditures to Be in Range of $250 to $275 Million.
Due to Impact Covid-19 Had on Fiscal 2020 Financial Results, Q1 Fiscal 2021 Results Are Compared to Q1 of Fiscal 2019.
Q1 Earnings per Share $0.46.
Q1 Adjusted Earnings per Share $0.48.
Q1 Earnings per Share View $0.46 -- Refinitiv Ibes Data (analyst estimates).