Core Insights - American Eagle Outfitters' shares fell sharply after the company reported third-quarter results that missed analyst expectations and provided a fourth-quarter outlook that was also below expectations [1][2][3] Financial Performance - The company reported a year-over-year revenue decline of approximately 1% to $1.29 billion and a net income of $80 million, which is down nearly 20% from the previous year. Analysts had anticipated revenue of $1.3 billion and profits of $92.16 million [3] - After accounting for a nearly $13 million restructuring charge related to severance costs and the sale of its Hong Kong business, the adjusted net income was $93 million, surpassing the analysts' expectation of $91.54 million [4] Sales and Outlook - Comparable store sales grew by 3%, slightly below the expected 3.2% growth [5] - For the fourth quarter, the company guided comparable store sales to increase by 1%, while projecting a 4% decline in revenue, which is larger than the 3.8% drop that analysts had forecasted [6] Market Reaction - Following the earnings report, American Eagle's shares dropped by 13.3% to $17.81, marking a nearly 16% decline since the beginning of the year [7]

American Eagle Outfitters (AEO) reported $1.29 billion in revenue for the quarter ended October 2024, representing a year-over-year decline of 0.9%. EPS of $0.48 for the same period compares to $0.49 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.3 billion, representing a surprise of -1.19%. The company delivered an EPS surprise of +4.35%, with the consensus EPS estimate being $0.46.While investors closely watch year-over-year changes in headline numbers -- revenue and earnin ...

American Eagle Outfitters, Inc. (NYSE:AEO) Q3 2024 Earnings Conference Call December 4, 2024 4:30 PM ET Company Participants Judy Meehan - Senior Vice President, Corporate Communications and Investor Relations Jay Schottenstein - Executive Chairman and Chief Executive Officer Jennifer Foyle - President, Executive Creative Director, AE and Aerie Mike Mathias - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Boss - JP Morgan Paul Lejuez - Citigroup Angus Kelleher-Ferg ...

American Eagle Outfitters (AEO) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.35%. A quarter ago, it was expected that this teen clothing retailer would post earnings of $0.38 per share when it actually produced earnings of $0.39, delivering a surprise of 2.63%.Over the last four ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 2, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-33338 American Eagle Outfitters, Inc. (Exact name of registrant as specified in its charter) Delaware No. 13-2721761 (State or other jurisdiction of incorporation or organi ...

Exhibit 99.1 AEO Inc. Reports Third Quarter Growth Across Brands Reflecting Strong Execution on Powering Profitable Growth Plan • Aerie achieved all-time high third quarter revenue with comps up 5%, following 12% reported comp growth last year • American Eagle comps increased 3%, following 2% reported comp growth last year • Operating Income was $106 million. Adjusted Operating Income of $124 million reflected an Adjusted Operating Margin of 9.6% • Annual outlook updated; Remain on track to deliver mid-teen ...

American Eagle Outfitters, Inc. (AEO) is expected to register top-line growth when it reports third-quarter fiscal 2024 results on Dec. 4. The Zacks Consensus Estimate for revenues is pegged at $1.30 billion, which indicates a rise of 0.3% from the year-ago figure.The consensus estimate for earnings is pegged at 46 cents per share, indicating a 6.1% drop from the year-ago quarter's number. The Zacks Consensus Estimate for earnings has moved down a penny in the past 30 days.The company’s earnings beat the co ...

Wall Street analysts expect American Eagle Outfitters (AEO) to post quarterly earnings of $0.46 per share in its upcoming report, which indicates a year-over-year decline of 6.1%. Revenues are expected to be $1.3 billion, up 0.3% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.3% lower 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 timeframe.Before a compan ...

In the latest market close, American Eagle Outfitters (AEO) reached $17.94, with a -1.48% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.29%. Elsewhere, the Dow lost 0.86%, while the tech-heavy Nasdaq lost 0.09%.The teen clothing retailer's stock has dropped by 12.07% in the past month, falling short of the Retail-Wholesale sector's gain of 3.95% and the S&P 500's gain of 3.3%.The investment community will be closely monitoring the performance of Americ ...

American Eagle Outfitters (AEO) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they m ...