American Eagle updates Q4 results

By

Obi Anyanwu

Published
Jan 10, 2016

American Eagle Outfitters announced on Friday an update to its fourth quarter 2015 results.

 
The company reported a 4% increase in comparable sales, and it expects its fourth quarter EPS to range between $0.40 and $0.42.
 
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.”

American Eagle will release its fourth quarter and annual 2015 fiscal results on March 2, 2016.
 
In addition, the company’s management will present at the 18th Annual ICR Conference on Tuesday, January 12, 2016 at 10:00 AM EST.