Company Earnings Update 2 minutesRegister for Free AccessAmerican Eagle Outfitters (AEO) 1Q18 Results: Beats Estimates, Reports Solid Comps Across Brands and Channels Coresight Research June 1, 2018 Executive Summary American Eagle Outfitters reported 1Q18 revenues of $823 million, up 8.0% year over year and beating the $811 million consensus estimate. Adjusted EPS was $0.23, above the $0.22 consensus estimate and up 43.8% from the year-ago quarter. Comparable sales were up 9.0% year over year. By brand, American Eagle reported 4.0% comps and Aerie reported 38.0% comps. Digital sales grew by 20.0% in the quarter. For 2Q18, the company anticipates a mid-single-digit comp increase and adjusted EPS of $0.27–$0.29, compared with the consensus estimate of $0.25. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: RetailTech: Frictionless Checkout—The Eye in the Sky Makes Shopping a BreezeWeinswig’s Weekly: How Are Chinese Consumers Shopping Beauty?Earnings Insights 2Q24, Week 5: Ross Stores, Target and TJX Among the Companies Reporting Sales Growth This Week4Q22 US Earnings Season Wrap-Up: Retailers See Mixed Results as Discretionary Demand Remains Weak
