It's latest earnings report shows the mall-based apparel retailer is still defying the odds even as its rivals burn out. Many mall-based apparel retailers crumbled over the past decade due to shifting fashion trends, the rise of fast-fashion rivals and e-tailers, and sluggish mall traffic. However, one retailer that has weathered the retail apocalypse with style is American Eagle Outfitters (NYSE:AEO), which posted 6% comparable-store sales growth during the first quarter. Th
American Eagle (AE) announced via a news release the launch of the fall campaign for its Ne(X)t Level Jeans. The push extends its #AExME brand platform and features actual customers and a store associate, who were photographed in environments reflecting music and creativity. Cast members share their unique stories and styles for the back-to-school collection. The campaign includes a one-minute video, titled "Make Moves," that is set to Kendrick Lamar's "DNA" and shows real cu
American Eagle Outfitters' sales at established stores topped analysts' estimates for the holiday shopping quarter, helped by robust demand for its Aerie line of lingerie. The company's comparable sales rose 8 percent in the fourth quarter ended Feb. 3, beating analysts' average estimate of a 7.34 percent rise, according to Thomson Reuters I/B/E/S. Net income rose to $93.96 million, or 52 cents per share, from $54.62 million, or 30 cents per share, a year earlier. Net revenue
American Eagle Outfitters reported on Thursday net revenue of $3.8 billion for the full-year ended February 3, 2018 up 5 percent, driven by the group's shining brand Aerie. Consolidated comparable sales for the 53 weeks increased 4 percent, said the American teen retailer.
The company’s comparable sales rose 8 percent in the fourth quarter ended Feb. 3. Net income rose to $93.96 million, or 52 cents per share, from $54.62 million, or 30 cents per share, a year earlier. Net