earnings
confidence high
sentiment positive
materiality 0.85
AEO reports record Q3 revenue $1.27B (+24%), operating income more than doubles to $210M
AMERICAN EAGLE OUTFITTERS INC
2021-Q3 EPS reported
$1.78
revenue$3,502,848,000
- Total revenue $1.27B (+24% YoY); operating income $210M more than doubled; operating margin 16.5%, highest since 2007.
- GAAP EPS $0.74; adjusted EPS $0.76 (excl $0.02 non-cash interest on convertible notes).
- Aerie revenue +28%, op income +46%; American Eagle revenue +21%, op income +68%.
- Acquired Quiet Logistics for supply chain transformation; FY operating income guidance raised to exceed $600M.
- Inventory up 32% to $740M due to air freight; capex guided to low end of $250-275M.