American Eagle Outfitters, Inc. (AEO) reported second-quarter fiscal 2024 results, wherein earnings beat the Zacks Consensus Estimate while revenues lagged the same. The bottom and top lines increased year over year, driven by brand strength and gains from progress on its Powering Profitable Growth strategy. The quarter highlighted the company’s sixth straight quarter of record revenues. AEO has been managing costs efficiently.The company’s earnings of 39 cents per share increased 56% from the year-ago quar ...

American Eagle Outfitters, Inc. (NYSE:AEO) Q2 2024 Earnings Conference Call August 29, 2024 11:00 AM ET Company Participants Judy Meehan - Senior Vice President, Corporate Communications & IR Jay Schottenstein - Executive Chairman & CEO Jen Foyle - President, Executive Creative Director for AE and Aerie Mike Mathias - CFO Conference Call Participants Adrienne Yih - Barclays Matthew Boss - JP Morgan Jay Sole - UBS Dana Telsey - The Telsey Advisory Group Paul Lejuez - Citi Jonna Kim - TD Cowen Janet Kloppenbu ...

Key TakeawaysAmerican Eagle Outfitters posted weaker-than-expected revenue and guidance as sales at its secondary brands declined.The young adult clothing retailer gave a soft outlook for current quarter revenue and operating income.The company's shares were down on the news, and in the red for the year so far. Shares of American Eagle Outfitters (AEO) fell after the young adult clothing retailer’s sales missed forecasts and it gave a soft outlook for the current quarter as its smaller brands struggled.  T ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

American Eagle Outfitters (AEO) reported $1.29 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 7.5%. EPS of $0.39 for the same period compares to $0.25 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.3 billion, representing a surprise of -1.04%. The company delivered an EPS surprise of +2.63%, with the consensus EPS estimate being $0.38.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

American Eagle Outfitters (AEO) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.63%. A quarter ago, it was expected that this teen clothing retailer would post earnings of $0.28 per share when it actually produced earnings of $0.34, delivering a surprise of 21.43%.Over the last four ...

Exhibit 99.1 AEO Inc. Reports Record Second Quarter Revenue and Meaningful Operating Margin Expansion; Updates Full-Year Operating Income Outlook to the High-End of Prior Guidance August 29, 2024 PITTSBURGH -- (BUSINESS WIRE) – American Eagle Outfitters, Inc. (NYSE: AEO) today announced financial results for the second quarter fiscal 2024 ended August 3, 2024. "Our Powering Profitable Growth strategy is off to a great start, locking in a strong first half and setting us on track to achieve the high end of o ...

American Eagle missed Wall Street's sales targets for a second quarter in a row on Thursday, but profits grew by nearly 60% thanks in part to lower product costs. Shares fell more than 5% in premarket trading Thursday. Here's how the apparel company did in its second fiscal quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG: Earnings per share: 39 cents vs. 38 cents expected Revenue: $1.29 billion vs. $1.31 billion expected The company's reported net income for th ...

HONG KONG, CHINA - 2024/06/26: Pedestrian walks past the American clothing and accessories retailer ... [+] American Eagle logo and store in Hong Kong, China. (Photo by Serene Lee/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via 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 second-quarter results on Thursday, August 29. We expect ...

The upcoming report from American Eagle Outfitters (AEO) is expected to reveal quarterly earnings of $0.38 per share, indicating an increase of 52% compared to the year-ago period. Analysts forecast revenues of $1.3 billion, representing an increase of 8.6% year over year.The consensus EPS estimate for the quarter has been revised 1.6% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timefra ...