American Eagle Outfitters
continues to shine, reporting a 32.8% rise in December same-store sales Wednesday and punching up earnings guidance for its fourth quarter.
The teen clothing retailer, which saw its shares rise 188% in 2004, expects to earn $1.30 or $1.31 a share in the quarter ending next month. Analysts had expected earnings of $1.12 a share, according to Thomson First Call. The stock rose 78 cents, or 1.6%, to $48.70 after the bell.
Overall, American Eagle's December sales rose 41.2% to $375.0 million.
said December same-store sales fell 6.2%, while overall sales rose 8% to $125 million. Analysts had been expecting a steeper plunge, and the stock rallied $1.50, or 9.1%, to $18 after hours.
said December same-store sales rose 0.5% from a year ago, missing estimates. Overall sales rose 18.3% to $178.5 million. The stock fell $1.07, or 3.6%, to $27.50 after hours.