American Eagle Outfitters Inc.

NYSE:AEO  
26.70
-0.09 (-0.34%)
Other Pre-Announcement

American Eagle Outfitters Reports 35% Rise in Q2 Net Revenue

Published: 09/02/2021 12:20 GMT
American Eagle Outfitters Inc. (AEO) - ‍​qtrly Total Net Revenue Up 35% to $1.19 Billion.
Q2 Earnings per Share View $0.55, Revenue View $1.23 Billion -- Refinitiv Ibes Data (analyst estimates).
‍​qtrly Earnings per Share $0.58 ; Qtrly Adjusted Earnings per Share $0.60.
American Eagle Outfitters - ‍​higher Full-priced Sales, Reduced Promotions, Controlled Costs Fueled Gross Margin Expansion to 42.1% in Quarter.
American Eagle Outfitters - ‍on Path to Achieve $600 Million in Operating Income This Year.
American Eagle Outfitters - Qtrly Aerie Revenue of $336 Million, Up 34% ; Qtrly American Eagle Revenue of $846 Million, Up 35%.
American Eagle Outfitters - Quarter-end Total Consolidated Inventory at Cost Increased $82 Million Or 20% to $504 Million Versus 21% Decline Last Year.
American Eagle Outfitters - Qtrly Consolidated Store Revenue Increased 73% Due to an Improvement in Store Traffic.
American Eagle Outfitters - Compared to Pre-pandemic Q2 2019 Base, Qtrly Store Revenue Increased 4% and Digital Revenue Increased 66%.
American Eagle Outfitters - Qtrly Total Online Demand in Quarter Up 9% ; Qtrly Digital Revenue Decreased 5%.
American Eagle Outfitters - for Fiscal 2021, Now Sees Capex to Be at Lower End of Prior Guidance Range of $250 Million to $275 Million.
Further Company Coverage: .
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