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Stock impact report

American Eagle Outfitters higher on earnings beat [Seeking Alpha]

American Eagle Outfitters, Inc. (AEO) 
Last american eagle outfitters, inc. earnings: 3/4 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
American Eagle Outfitters (NYSE: AEO ) reports comparable sales rose 2% in Q2 . Gross margin rate down 240 bps to 36.5%, due to increased promotional activity and higher shipping costs and rent. SG&A expense rate leveraged 20 bps to 24.1%. Adjusted operating margin rate squeezed 230 bps to 6%. Merchandise inventory +2.7% Y/Y to $433.46M. Store count +4 Q/Q to 1,057. Q3 Guidance : Comparable-store sales: flat to up low single digit; Diluted EPS: ~$0.36 to $0.38. FY2017 Guidance : Capex: $160M to $170M; Store count: 1,042 - 1,062. AEO   premarket. Now read: Abercrombie & Fitch - Don't Lose Your Shirt » Show less Read more
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