American Eagle Outfitters (NYSE: AEO) Fiscal 4Q18 Results: Revenues Up, Comps Up 23% at Aerie, Opening 60-70 Aerie Locations in 2019

#

Key Points

  • American Eagle Outfitters reported fiscal 4Q18 revenues of $1.24 billion, lower than the consensus estimate of $1.26 billion, and up 1.3% year over year. The company reported 4Q18 EPS of $0.43, higher than the consensus estimate of $0.42 and exceeding the company’s guidance of $0.40-0.42, but lower than the year ago period.
  • American Eagle’s fourth quarter comp sales rose 3%, marking the seventh consecutive quarter of comp increases. For the 2018 fiscal year, comparable sales grew 8%.
  • In 1Q19, the company projects earnings per share of $0.19 to $0.21, lower than the consensus estimate of $0.24. AEO expects comparable sales to be in the positive low single digits.

AEO reported fiscal 4Q18 revenues of $1.24B, lower than the consensus estimate of $1.B, and up 1.3% YoY. The company reported 4Q18 EPS of $0.43, higher than the consensus estimate of $0.42 and exceeding the company’s guidance of $0.40-$0.42, but lower than the year ago period. American Eagle’s fourth quarter comp sales rose 3%, marking the seventh consecutive quarter of comp increases. In 1Q19, the company projects EPS of $0.19 to $0.21, lower than the consensus estimate of $0.24. AEO expects comparable sales to be in the positive low single digits. The company expects to open 60-70 stores in 2019.

Login to view the full report, or register below for a free membership to access research.

Become a Member

  • Register to access more sections of the website.​
  • Member
  • Already a member?
    Log in