Content about American Eagle Outfitters

May 22, 2013

American Eagle Outfitters Inc. earned $28 million in its first quarter, down from $39.7 million in the same quarter last year, as cooler weather hurt demand for its spring fashions and some special charges cut into its results.

Pittsburgh -- American Eagle Outfitters Inc. earned $28 million in its first quarter, down from $39.7 million in the same quarter last year, as cooler weather hurt demand for its spring fashions and some special charges cut into its results. But the retailer still beat market expectations.

In related news, American Eagle Outfitters will invest more than $160 million to construct a new direct-to-consumer distribution center in Hazle Township, Pa.

April 10, 2013

American Eagle Outfitters said it has named Kitty Yung to the position of EVP/president of Asia Pacific, charged with supporting the chain’s global geographic and channel growth “while aligning with our strategic plan of fortifying core assets, growing North America and transforming to a global omni-channel competitor …,” said Robert Hanson, CEO.

Pittsburgh -- American Eagle Outfitters said Wednesday it has named Kitty Yung to the position of EVP/president of Asia Pacific, charged with supporting the chain’s global geographic and channel growth “while aligning with our strategic plan of fortifying core assets, growing North America and transforming to a global omni-channel competitor …,” said Robert Hanson, CEO.

March 6, 2013

American Eagle Outfitters Inc. reported Wednesday that profit for the quarter ended Feb. 2 soared to $94.8 million from $51.3 million in the year-ago period, aided by few markdowns.

Pittsburgh -- American Eagle Outfitters Inc. reported Wednesday that profit for the quarter ended Feb. 2 soared to $94.8 million from $51.3 million in the year-ago period, aided by few markdowns.

However, the retailer warned that sales will be weak in the first quarter due to economic restrictions and unfavorable weather.

March 4, 2013

American Eagle Outfitters said that its first Philippines store opened on March 1, at Bonifacio High Street in Taguig City, Manila.

Pittsburgh -- American Eagle Outfitters said Friday that its first Philippines store opened on March 1, at Bonifacio High Street in Taguig City, Manila.  
 
The retailer said that additional stores are planned in 2013 throughout the country, operated by franchise partner Suyen Corp.

March 4, 2013

American Eagle Outfitters said that its first Philippines store opened on March 1, at Bonifacio High Street in Taguig City, Manila.

Pittsburgh -- American Eagle Outfitters said Friday that its first Philippines store opened on March 1, at Bonifacio High Street in Taguig City, Manila.  
 
The retailer said that additional stores are planned in 2013 throughout the country, operated by franchise partner Suyen Corp.

January 28, 2013

American Eagle Outfitters announced plans to open a series of vertically owned and operated-stores in Mexico, with the first location set to open on February 20, 2013, in Mexico City.

Pittsburgh -- American Eagle Outfitters announced plans to open a series of vertically owned and operated-stores in Mexico, with the first location set to open on February 20, 2013, in Mexico City.
   
The store will be located in the Perisur’s shopping center, a mall located in the south part of Mexico City. Each AEO store will include an Aerie presence either in shop-in-shop or side-by-side form.

January 28, 2013

American Eagle Outfitters announced plans to open a series of vertically owned and operated-stores in Mexico, with the first location set to open on February 20, 2013, in Mexico City.

Pittsburgh -- American Eagle Outfitters announced plans to open a series of vertically owned and operated-stores in Mexico, with the first location set to open on February 20, 2013, in Mexico City.
   
The store will be located in the Perisur’s shopping center, a mall located in the south part of Mexico City. Each AEO store will include an Aerie presence either in shop-in-shop or side-by-side form.

January 14, 2013

PayPay announced that a total of 23 national retailers are now signed up to accept PayPal in their stores, making the payment solution accepted in more than 18,000 physical retail locations.

New York -- PayPal announced Monday that a total of 23 national retailers are now signed up to accept PayPal in their stores, making the payment solution accepted in more than 18,000 physical retail locations. PayPal also announced that Jamba Juice is testing an order-ahead feature that allows customers to place an order, select a time for pick-up, and pay in advance via the PayPal App – so when they arrive, they can save time and skip the line, grab their food and be on their way.

November 28, 2012

American Eagle Outfitters Inc. reported a higher-than-expected third-quarter profit, helped by strong same-store sales.

Pittsburgh -- American Eagle Outfitters Inc. on Wednesday reported a higher-than-expected third-quarter profit, helped by strong same-store sales. The chain also raised its full-year earnings prompting it to raise its full-year forecast for the second time this year.

Net income for the quarter ended Oct. 27 rose to $78.6 million, from $52.4 million a year ago.

Sales rose 11% to $910 million. Same-store sales jumped 10%.

October 23, 2012

Philadelphia-based Pennsylvania Real Estate Investment Trust said that American Eagle Outfitters plans to open a 5,732-sq.-ft. store at its Plymouth Meeting Mall property in spring 2013.

Plymouth Meeting, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that American Eagle Outfitters plans to open a 5,732-sq.-ft. store at its Plymouth Meeting Mall property in spring 2013.

In addition, Mercy Health System, a consumer health and wellness satellite aligned with Mercy Suburban Hospital, recently opened, expanding the mall’s variety of services into the health sector.

Plymouth Meeting Mall is anchored by Macy’s, Boscov’s and Whole Foods Market and Café.

 

October 23, 2012

Philadelphia-based Pennsylvania Real Estate Investment Trust said that American Eagle Outfitters plans to open a 5,732-sq.-ft. store at its Plymouth Meeting Mall property in spring 2013.

Plymouth Meeting, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that American Eagle Outfitters plans to open a 5,732-sq.-ft. store at its Plymouth Meeting Mall property in spring 2013.

In addition, Mercy Health System, a consumer health and wellness satellite aligned with Mercy Suburban Hospital, recently opened, expanding the mall’s variety of services into the health sector.

Plymouth Meeting Mall is anchored by Macy’s, Boscov’s and Whole Foods Market and Café.

 

October 10, 2012

By Michael Dart, Todd Hooper and Jay Agarwal

By Michael Dart, Todd Hooper and Jay Agarwal

Although it isn’t as sexy as luxury or as dramatic as discount, the space somewhere in between is heating up.

In fact, recent deal activity suggests that retailers that cater to both low- and high-income segments — those serving “the middle” — have tremendous potential.

September 6, 2012

American Eagle Outfitters said it has struck a deal with Suyen Corp. that will see the AEO banner open throughout the Philippines.

Pittsburgh -- American Eagle Outfitters said Thursday it has struck a deal with Suyen Corp. that will see the AEO banner open throughout the Philippines.
 
American Eagle signed a multiyear retail license agreement with Suyen, which operates more than 700 stores under various banners in the Philippines, along with 126 franchised stores in the country. Financial terms were not disclosed.

The first stores in the country, which will consist of standalone and in-store shops, are slated to open spring 2013.
 

September 6, 2012

American Eagle Outfitters said it has struck a deal with Suyen Corp. that will see the AEO banner open throughout the Philippines.

Pittsburgh -- American Eagle Outfitters said Thursday it has struck a deal with Suyen Corp. that will see the AEO banner open throughout the Philippines.
 
American Eagle signed a multiyear retail license agreement with Suyen, which operates more than 700 stores under various banners in the Philippines, along with 126 franchised stores in the country. Financial terms were not disclosed.

The first stores in the country, which will consist of standalone and in-store shops, are slated to open spring 2013.
 

August 22, 2012

American Eagle Outfitters Inc. said that its net income fell 4% in the second quarter as the retailer dealt with charges related to the closing of its children’s division, 77kids, which included 22 stores and the online business.

Pittsburgh -- American Eagle Outfitters Inc. said that its net income fell 4% in the second quarter as the retailer dealt with charges related to the closing of its children’s division, 77kids, which included 22 stores and the online business. But its adjusted results met analysts' estimates, and the company raised its full-year outlook.

For the second quarter that ended July 28, American Eagle earned $19.03 million, compared with $19.7 million last year.

August 1, 2012

American Eagle Outfitters Inc. said it was raising its second quarter earnings outlook because of stronger-than-expected sales.

New York -- American Eagle Outfitters Inc. said Wednesday it was raising its second quarter earnings outlook because of stronger-than-expected sales.

The specialty retailer expects adjusted second-quarter earnings of 19 cents to 21 cents a share, compared with its previous estimate of 13 cents to 15 cents a share.
 

June 6, 2012

American Eagle Outfitters and Shopkick, the largest location-based shopping app that rewards shoppers simply for walking into stores, announced the national rollout of Shopkick to all American Eagle Outfitters and Aerie stores across the country.

Pittsburgh -- American Eagle Outfitters and Shopkick, the largest location-based shopping app that rewards shoppers simply for walking into stores, announced the national rollout of Shopkick to all American Eagle Outfitters and Aerie stores across the country. Customers will earn "kicks" (points) just for walking in, as well as receive a number of other exciting, exclusive offers throughout the stores.

June 6, 2012

American Eagle Outfitters and Shopkick, the largest location-based shopping app that rewards shoppers simply for walking into stores, announced the national rollout of Shopkick to all American Eagle Outfitters and Aerie stores across the country.

Pittsburgh -- American Eagle Outfitters and Shopkick, the largest location-based shopping app that rewards shoppers simply for walking into stores, announced the national rollout of Shopkick to all American Eagle Outfitters and Aerie stores across the country. Customers will earn "kicks" (points) just for walking in, as well as receive a number of other exciting, exclusive offers throughout the stores.

June 1, 2012

American Eagle Outfitters announced that Mary Boland has been appointed executive VP, chief financial and administrative officer, effective July 9.

Pittsburgh -- American Eagle Outfitters announced that Mary Boland has been appointed executive VP, chief financial and administrative officer, effective July 9.

Boland’s responsibilities will include finance, investor relations, merchandise planning and allocation, strategy planning, and other administrative functions. She joins AEO from Levi Strauss & Company where she most recently served as senior VP of finance for Global Levi’s.
 

June 1, 2012

American Eagle Outfitters announced that Mary Boland has been appointed executive VP, chief financial and administrative officer, effective July 9.

Pittsburgh -- American Eagle Outfitters announced that Mary Boland has been appointed executive VP, chief financial and administrative officer, effective July 9.

Boland’s responsibilities will include finance, investor relations, merchandise planning and allocation, strategy planning, and other administrative functions. She joins AEO from Levi Strauss & Company where she most recently served as senior VP of finance for Global Levi’s.
 

May 29, 2012

PayPal has confirmed partnership with 15 national retailers, including J.C. Penney, American Eagle Outfitters, Toys “R” Us and Foot Locker, for its mobile wallet service.

New York -- PayPal has confirmed partnership with 15 national retailers, including J.C. Penney, American Eagle Outfitters, Toys “R” Us and Foot Locker, for its mobile wallet service.

The other new retailers accepting PayPay’s payment service are Barnes & Noble, Office Depot, American Eagle Outfitters, Abercrombie & Fitch, Rooms To Go, Jos. A. Bank, Aeropostale, Foot Locker, Nine West, Jamba Juice, Guitar Center, TigerDirect and Advance Auto Parts.

May 23, 2012

American Eagle Outfitters earned a better-than-expected $39.7 million for the quarter ended April 28, compared with $28.3 million in the same period last year.

New York -- American Eagle Outfitters earned a better-than-expected $39.7 million for the quarter ended April 28, compared with $28.3 million in the same period last year.

The company had said earlier first-quarter sales rose 18% to $719 million. Same-store sales were up 17%.

May 23, 2012

American Eagle Outfitters earned a better-than-expected $39.7 million for the quarter ended April 28, compared with $28.3 million in the same period last year.

New York -- American Eagle Outfitters earned a better-than-expected $39.7 million for the quarter ended April 28, compared with $28.3 million in the same period last year.

The company had said earlier first-quarter sales rose 18% to $719 million. Same-store sales were up 17%.

May 21, 2012

American Eagle Outfitters is getting out of the children's business, announcing Friday that it is exploring a full or partial sale of 77kids, which includes 22 stores and the online business.