Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Is American Eagle Outfitters (AEO) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.American Eagle Outfitters is one of 218 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Secto ...

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Investors looking for stocks with sound value and attractive growth prospects may want to take a look at the retail sector at the moment.Specifically, several retail apparel stocks are starting to check these boxes after surpassing their quarterly earnings expectations last week and here are a few to consider.American Eagle Outfitters (AEO) Daunting a Zacks Rank #1 (Strong Buy), the increasing popularity of American Eagle Outfitters' brands shouldn’t be overlooked with the company reporting a record $1.67 b ...

American Eagle Outfitters, Inc. (AEO) reported top and bottom-line beat in fourth-quarter fiscal 2023, driven by brand strength and solid demand. Earnings and revenues also increased year over year.The company’s fourth-quarter fiscal 2023 adjusted earnings of 61 cents per share rose 64.9% year over year and surpassed the Zacks Consensus Estimate of 50 cents.Total net revenues of $1,678.9 million improved 12% year over year, beating the Zacks Consensus Estimate of $1,663 million. Revenues included a $57-mill ...

Financial Data and Key Metrics Changes - The company achieved record revenue of $5.3 billion in 2023, with adjusted operating income of $375 million, marking the highest adjusted operating income since 2012 [5][12] - Fourth quarter revenue reached $1.7 billion, a 12% increase year-over-year, with adjusted operating margin increasing by 200 basis points to 8.4% [12][14] - Adjusted EPS for the fourth quarter was $0.61, up 65% compared to the previous year [13] Business Line Data and Key Metrics Changes - American Eagle revenue grew by 11%, driven by a 6% increase in comparable sales, with operating margin expanding by 100 basis points to 17% [8][12] - Aerie revenue increased by 16%, with comparable sales up 13%, and operating margin reached an all-time high of 16.2%, a 400 basis point increase from last year [9][10] Market Data and Key Metrics Changes - The total addressable market for American Eagle is estimated at $70 billion, with significant opportunities in social casual and men's activewear markets [63] - The men's activewear market is valued at $27 billion, with the company already generating $100 million from its new 24/7 activewear capsule [31][63] Company Strategy and Development Direction - The company introduced a long-term strategy focused on "Powering Profitable Growth," with three main pillars: amplifying brands, executing with financial discipline, and optimizing operations [17][18] - The strategy aims for annual profit growth in the mid to high teens on a top-line growth of 3% to 5% [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strong financial position and the effectiveness of profit improvement initiatives, expecting revenue and profit growth in 2024 [6][14] - The company anticipates comp sales growth to be stronger in the first half of 2024, with mid-single digits expected [15][16] Other Important Information - The company announced a 25% increase in its quarterly cash dividend and authorized a $30 million share repurchase program [6][14] - A restructuring charge of $131 million was recorded in the fourth quarter, expected to yield annualized savings of approximately $20 million starting in 2024 [14] Q&A Session Summary Question: Can you speak to the total addressable market and customer file opportunity for the AE brand? - The total addressable market is $70 billion, with significant white space for growth. The company is focused on rationalizing the fleet and SKU count to introduce new expanded categories [63] Question: What are the growth opportunities in the men's activewear market? - The men's activewear market is valued at $27 billion, and the company has seen early success with its 24/7 activewear capsule, generating $100 million [31][63]

Key TakeawaysAmerican Eagle Outfitters Inc. stock rose Thursday after it reported record-high fourth-quarter sales and adjusted earnings per share that beat estimates.The company's bottom line was hurt by about $120 million in impairment and restructuring charges, largely related to its internal logistics business Quiet Platforms.American Eagle also released a plan that it projects can add 3% to 5% annual revenue growth by 2027. American Eagle Outfitters Inc. (AEO) shares rose Thursday after it reported a r ...

American Eagle Outfitters Inc (NYSE:AEO) is up 6.7% at $25.03 at last check, after the apparel retailer beat top- and bottom-line estimates for the fourth quarter. Strong demand for its products during the holiday season and fewer discounts contributed to the upbeat results.American Eagle stock is pacing for its best single-day percentage gain since November, earlier notching a fresh two-year high of $26.44. The stock has continued to climb since bouncing off support at its 60-day moving average in early Fe ...

American Eagle Outfitters (AEO) reported $1.68 billion in revenue for the quarter ended January 2024, representing a year-over-year increase of 12.2%. EPS of $0.61 for the same period compares to $0.37 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.66 billion, representing a surprise of +0.96%. The company delivered an EPS surprise of +22.00%, with the consensus EPS estimate being $0.50.While investors scrutinize revenue and earnings changes year-over-year and how they compar ...

American Eagle Outfitters (AEO) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22%. A quarter ago, it was expected that this teen clothing retailer would post earnings of $0.48 per share when it actually produced earnings of $0.49, delivering a surprise of 2.08%.Over the last four qu ...

GLENDALE, CALIFORNIA - NOVEMBER 21: A shopper walks by an American Eagle store on November 21, 2023 ... [+] in Glendale, California. Shares of clothing retailer American Eagle fell sharply after the company issued an unimpressive forecast for holiday sales. (Photo by Justin Sullivan/Getty Images)Getty ImagesAmerican Eagle Outfitters (NYSE: AEO), which sells men’s and women’s apparel and accessories under the American Eagle, Tailgate, Todd Snyder, and Aerie brands, is scheduled to report its fiscal fourth-qu ...