March 12, 2008 / 11:38 AM / 10 years ago

American Eagle quarterly profit falls

NEW YORK (Reuters) - Teen retailer American Eagle Outfitters Inc (AEO.N) said on Wednesday that quarterly net income fell, amid lower customer traffic, weak sales, and competition from rivals.

The mall-based chain known for colorful, preppy fashions for young men and women said net income for its fiscal fourth quarter ended February 2 was $140.48 million, or 66 cents per share, compared with $150.16 million, or 66 cents per share, a year ago.

The company had fewer shares outstanding in the most recent quarter, which boosted per-share results.

Reporting by Nicole Maestri, editing by Gerald E. McCormick

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below