earnings
confidence high
sentiment positive
materiality 0.80
American Eagle Q2 revenue $1.19B (+35%); operating income record $168M; raises dividend 31%
AMERICAN EAGLE OUTFITTERS INC
2021-Q2 EPS reported
$1.04
revenue$2,228,769,000
- Record Q2 revenue of $1.19B (+35% YoY); operating income $168M vs -$12M loss in 2020.
- Gross margin 42.1% (+1,210 bps); driven by higher full-price sales and lower promotions.
- Aerie revenue $336M (+34%); operating margin 21.0%; American Eagle revenue $846M (+35%); op margin 23.5%.
- Adjusted EPS $0.60; inventory +20% to $504M; capex guidance narrowed to low end of $250-275M.
- Dividend raised 31% to $0.18/share (quarterly); cash & short-term investments $824M.