earnings
confidence high
sentiment positive
materiality 0.75
American Eagle raises Q4 operating profit outlook to ~$135M on holiday sales growth
AMERICAN EAGLE OUTFITTERS INC
- Q4-to-date comparable sales up low single digits, ahead of prior guidance of +1%.
- Operating profit now expected ~$135M, up from prior guidance of $125-130M.
- Record December sales driven by new product and customer experiences.
- Year-to-date share repurchases: 7.5M shares for $158M; $231M returned to shareholders via dividends and buybacks.
- Total Q4 revenue expected down ~5% due to retail calendar impact, with comparable sales up ~2%.