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March 11, 2014

American Eagle Outfitters Inc.'s fourth-quarter profit plunged 89% on lower sales and one-time charges related to employee severance costs, the discontinuation of a product line and other items.

Pittsburgh -- American Eagle Outfitters Inc.'s fourth-quarter profit plunged 89% on lower sales and one-time charges related to employee severance costs, the discontinuation of a product line and other items. The company also forecast first-quarter results that were below analysts' estimates.

The teen apparel retailer posted net income of $10.5 million for the quarter ended Feb.1, down from $94.8 million in the year-ago period.

Sales were $1 billion in the quarter, down from $1.1 billion last year. Same-store sales fell 7%.

August 1, 2013

American Eagle Outfitters, Inc. is launching “Rock Your Walk,” a series of consumer-created videos showing them wearing American Eagle jeans the retailer says will create a “virtual denim runway” stretching across the U.S.

New York – American Eagle Outfitters, Inc. is launching “Rock Your Walk,” a series of consumer-created videos showing them wearing American Eagle jeans the retailer says will create a “virtual denim runway” stretching across the U.S. Consumers can upload videos via Instagram or Vine on PC or mobile device and have them added to the virtual runway displayed online.

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%.

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.
 

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%.

August 24, 2011

American Eagle Outfitters' second-quarter net income more than doubled to $19.7 million from $9.7 million in the year-ago period.

Pittsburgh -- American Eagle Outfitters' second-quarter net income more than doubled to $19.7 million from $9.7 million in the year-ago period. The teen retailer credited the jump on increased revenue, growing online sales and fewer markdowns.

Revenue for the period ended July 30 rose 4 percent to $675.7 million from $651.5 million, surpassing Wall Street's $652 million estimate. Same-store sales were flat compared with a 1% decline in the prior-year period.

May 25, 2011

American Eagle Outfitters net income more than doubled as the company cut costs to offset a sales decline. Net income for the three months ended April 30 rose to $28.3 million from $10.9 million last year. Its results met analyst expectations.

Pittsburgh — American Eagle Outfitters net income more than doubled as the company cut costs to offset a sales decline. Net income for the three months ended April 30 rose to $28.3 million from $10.9 million last year. Its results met analyst expectations.

Revenue decreasded 6% to $609.6 million,less than expected. Same-store sales fell 8%.

March 9, 2011

American Eagle Outfitters Inc. officially announced the retirement of its chief executive officer. The chain, which has seen its seen sales falter of late, also posted a 47% rise in profits for the fourth quarter on cost-cutting.

New York -- American Eagle Outfitters Inc. officially announced the retirement of its chief executive officer. The chain, which has seen its seen sales falter of late, also posted a 47% rise in profits for the fourth quarter on cost-cutting.

American Eagle said its CEO James O'Donnell, 70, will stay with the retailer until a successor is chosen and will work through the transition period. O'Donnell started with American Eagle as its COO in 2000. He became co-CEO in 2002 and CEO in 2003. 

May 25, 2010

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