American Eagle Outfitters Inc (AEO)
13 Jan 2017
CHICAGO, Jan 5 Weak holiday sales by some U.S. department stores have reignited fears that the sector may never recover its growth levels of the past, but some investors are holding out hope for a longer-term recovery.
CHICAGO Weak holiday sales by some U.S. department stores have reignited fears that the sector may never recover its growth levels of the past, but some investors are holding out hope for a longer-term recovery.
Disappointing holiday-season sales at Macy's Inc and Kohl's Corp underscored the uphill task facing department stores to win back shoppers, who are increasingly turning to online retailers and spending less on apparel. | Video
American Eagle Outfitters Inc forecast a much lower-than-expected fourth-quarter profit, joining rivals Abercrombie & Fitch Co and Gap Inc in flagging a tough climate for retailers in the crucial holiday shopping season.
* American eagle outfitters names Bob Madore EVP, Chief Financial Officer
* "We were impacted by unseasonable weather early in the quarter" - conf call
* Q2 earnings per share view $0.21, revenue view $820.2 million -- Thomson Reuters I/B/E/S
Aug 17 Teen apparel retailer American Eagle Outfitters Inc reported a bigger-than-expected rise in quarterly comparable sales, largely due to strong demand for its Aerie line of lingerie and personal care products.
|Gap Inc (GPS.N)||$23.66||-0.34|
|L Brands Inc (LB.N)||$60.69||-0.02|
|Abercrombie & Fitch Co. (ANF.N)||$11.88||+0.06|
|Urban Outfitters, Inc. (URBN.OQ)||$27.05||+0.03|
|Guess?, Inc. (GES.N)||$12.42||+0.13|
|Aeropostale Inc (AROPQ.PK)||$0.03||-0.00|
|Stage Stores Inc (SSI.N)||$3.22||-0.18|
|Stein Mart, Inc. (SMRT.OQ)||$3.98||+0.07|
|Buckle Inc (BKE.N)||$21.50||+0.20|
|Pacific Sunwear of California, Inc. (PSUNQ.PK)||--||--|