Earnings

Return to Article

American Eagle Tops Fourth-Quarter Estimates

TSC Staff

American Eagle Outfitters(AEOS Quote) earned $43.9 million, or 60 cents a share, in the fourth quarter, exceeding analysts' expectations by 2 cents.

The clothing retailer earned $49.1 million, or 68 cents a share, in the year-ago period. American Eagle had already disclosed that sales in the quarter were $464.3 million, compared with $423.7 million.

The company's shares were down 1.8% to $23.90 on Instinet.

On Tuesday, the company said February same-store sales fell 2.4% while total sales for the four weeks ended March 2 rose 16.3% to $71.1 million.