American Eagle Outfitters Reports September Sales of $233.4 Million on a Same Store Sales Increase of 19%; Raises Third Quarter
04 Octobre 2006 - 10:00PM
Business Wire
American Eagle Outfitters, Inc. (NASDAQ:AEOS) today announced that
total sales for the month ended September 30, 2006 increased 26% to
$233.4 million, compared to $184.8 million for the month ended
October 1, 2005. Comparable store sales increased 19% for the
month. September sales performance was driven by a well-received
fall collection, which added freshness to stores during a key
back-to-school selling period. Stores featured fresh colors,
on-trend silhouettes and strong key items. Additionally, in early
September, the company�s new intimates sub-brand, aerie by American
Eagle, debuted across the chain, to a positive customer response.
Total sales for the year-to-date thirty-five week period ended
September 30, 2006 increased 17% to $1.635 billion, compared to
$1.395 billion for the thirty-five week period ended October 1,
2005. Comparable store sales increased 11% for the year-to-date
period. Based on better-than-expected September performance, the
company is raising its third quarter earnings guidance to $0.61 to
$0.63 per share, compared to $0.47 per share last year. Previous
third quarter guidance was $0.56 to $0.58 per share. Third quarter
guidance includes stock option expense of approximately $0.01 per
share. For the year, stock option expense is expected to be
approximately $0.04 to $0.05 per share. To access our recorded
monthly sales commentary, please call 800-642-1687, conference code
3282124#. American Eagle Outfitters (NASDAQ:AEOS) is a leading
retailer that designs, markets and sells its own brand of laidback,
current clothing targeting 15 to 25 year-olds, providing
high-quality merchandise at affordable prices. AE's original
collection includes standards like jeans and graphic Ts as well as
essentials like accessories, outerwear, footwear, basics and
swimwear. American Eagle Outfitters currently operates 822 stores
in 50 states, the District of Columbia and Puerto Rico, and 72 AE
stores in Canada. AE also operates ae.com, which offers additional
sizes and styles of favorite AE merchandise and ships around the
world. In September of this year, the company launched a new
collection of dormwear and intimates. �aerie by American Eagle� is
now available in American Eagle stores across the country and at
aerie.com. It includes bras, undies, camis, hoodies, robes, boxers,
sweats and leggings for the AE girl. Designed to be sweetly sexy,
comfortable and cozy, aerie offers AE customers a new way to
express their personal style everyday, from the dormroom to the
coffee shop to the classroom. The company has also introduced
MARTIN + OSA, a new sportswear concept targeting 25 to 40 year-old
women and men. MARTIN + OSA carries apparel, accessories and
footwear, using denim and sport inspiration to design fun and sport
back into sportswear. MARTIN + OSA currently operates two stores
and plans to open three additional stores this year. For additional
information and updates, visit martinandosa.com. �Safe Harbor�
Statement under the Private Securities Litigation Reform Act of
1995: This release contains forward-looking statements, which
represent our expectations or beliefs concerning future events,
specifically regarding third quarter earnings. All forward-looking
statements made by the company involve material risks and
uncertainties and are subject to change based on factors beyond the
company�s control. Such factors include, but are not limited to the
risk that the company�s third quarter sales, markdowns and/or
earnings expectations may not be achieved and those other risks
described in the Risk Factor Section of the company�s Form 10-K and
Form 10-Q filed with the Securities and Exchange Commission.
Accordingly, the company's future performance and financial results
may differ materially from those expressed or implied in any such
forward-looking statements. The company does not undertake to
publicly update or revise its forward-looking statements even if
future changes make it clear that projected results expressed or
implied will not be realized. American Eagle Outfitters, Inc.
(NASDAQ:AEOS) today announced that total sales for the month ended
September 30, 2006 increased 26% to $233.4 million, compared to
$184.8 million for the month ended October 1, 2005. Comparable
store sales increased 19% for the month. September sales
performance was driven by a well-received fall collection, which
added freshness to stores during a key back-to-school selling
period. Stores featured fresh colors, on-trend silhouettes and
strong key items. Additionally, in early September, the company's
new intimates sub-brand, aerie by American Eagle, debuted across
the chain, to a positive customer response. Total sales for the
year-to-date thirty-five week period ended September 30, 2006
increased 17% to $1.635 billion, compared to $1.395 billion for the
thirty-five week period ended October 1, 2005. Comparable store
sales increased 11% for the year-to-date period. Based on
better-than-expected September performance, the company is raising
its third quarter earnings guidance to $0.61 to $0.63 per share,
compared to $0.47 per share last year. Previous third quarter
guidance was $0.56 to $0.58 per share. Third quarter guidance
includes stock option expense of approximately $0.01 per share. For
the year, stock option expense is expected to be approximately
$0.04 to $0.05 per share. To access our recorded monthly sales
commentary, please call 800-642-1687, conference code 3282124#.
American Eagle Outfitters (NASDAQ:AEOS) is a leading retailer that
designs, markets and sells its own brand of laidback, current
clothing targeting 15 to 25 year-olds, providing high-quality
merchandise at affordable prices. AE's original collection includes
standards like jeans and graphic Ts as well as essentials like
accessories, outerwear, footwear, basics and swimwear. American
Eagle Outfitters currently operates 822 stores in 50 states, the
District of Columbia and Puerto Rico, and 72 AE stores in Canada.
AE also operates ae.com, which offers additional sizes and styles
of favorite AE merchandise and ships around the world. In September
of this year, the company launched a new collection of dormwear and
intimates. "aerie by American Eagle" is now available in American
Eagle stores across the country and at aerie.com. It includes bras,
undies, camis, hoodies, robes, boxers, sweats and leggings for the
AE girl. Designed to be sweetly sexy, comfortable and cozy, aerie
offers AE customers a new way to express their personal style
everyday, from the dormroom to the coffee shop to the classroom.
The company has also introduced MARTIN + OSA, a new sportswear
concept targeting 25 to 40 year-old women and men. MARTIN + OSA
carries apparel, accessories and footwear, using denim and sport
inspiration to design fun and sport back into sportswear. MARTIN +
OSA currently operates two stores and plans to open three
additional stores this year. For additional information and
updates, visit martinandosa.com. "Safe Harbor" Statement under the
Private Securities Litigation Reform Act of 1995: This release
contains forward-looking statements, which represent our
expectations or beliefs concerning future events, specifically
regarding third quarter earnings. All forward-looking statements
made by the company involve material risks and uncertainties and
are subject to change based on factors beyond the company's
control. Such factors include, but are not limited to the risk that
the company's third quarter sales, markdowns and/or earnings
expectations may not be achieved and those other risks described in
the Risk Factor Section of the company's Form 10-K and Form 10-Q
filed with the Securities and Exchange Commission. Accordingly, the
company's future performance and financial results may differ
materially from those expressed or implied in any such
forward-looking statements. The company does not undertake to
publicly update or revise its forward-looking statements even if
future changes make it clear that projected results expressed or
implied will not be realized.
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