Company Earnings UpdateAMERICAN EAGEL OUTFITTERS (AEO) 2Q 2016 RESULTS: STRONG RESULTS FUELED AERIE COMPS, SIGNIFICANT MARGIN IMPROVEMENT Coresight Research August 18, 2016 Executive Summary American Eagle Outfitters reported 2Q 2016 EPS of $0.23 and exceeded expectations of $0.21, driven by improved margins. Sales at Aerie saw strong momentum and reported the fifth consecutive quarter of comps above 20%. The brand plans to launch a new sports and yoga line this fall. Management guided 3Q 2016 comps will be up low single-digit versus the expected 2.8% and EPS of $0.40–$0.41, in line with the $0.41 consensus. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Test post for search
