Company Earnings UpdateAmerican Eagle Outfitters (NYSE: AEO) 1Q19 Results: Beats Sales and Comp Estimates, Launching Inclusive Sizes Before Back to School Coresight Research June 6, 2019 Executive Summary American Eagle Outfitters reported fiscal 1Q19 revenues of $866.3 million, higher than the consensus estimate of $855.5 million, and up 7.7% year over year. The company reported adjusted 1Q19 earnings per share (EPS) excluding restructuring charges of $0.24, higher than the consensus estimate of $0.21 and higher than the year-ago period. American Eagle’s first quarter comp sales rose 4% compared to the consensus estimate of 1.7%, while Aerie’s comparable sales increased 14%, higher than the consensus estimate of 13.3%. For 2Q19, the company projects earnings per share of $0.30-0.32, lower than the consensus estimate of $0.35, and lower than last year’s second quarter EPS of $0.34. Management expects comparable sales to increase in the low single digits compared to the consensus estimate of 2.7%. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Earnings Insights 1Q25, Week 3: E-Commerce Sees Solid Results as Amazon, Coupang, Zalando and More Report Growth—InfographicThree Data Points We’re Watching This Week, Week 11: US CPG E-Commerce LatestConsumer Sentiment Steadies; Plus, Off-Price and Dollar-Store Shopping in Focus: US Consumer Survey InsightsGrocery Retailing—US Real Estate Insights: Value and Specialty Grocers Lead Store Expansion as Traditional Retailers Lag Behind
