American Eagle Outfitters, Inc. announced a record holiday season with strong sales performance.
Fourth quarter-to-date comparable sales are up in the high single digits.
The company raised its fourth quarter operating income outlook to $167 to $170 million, reflecting solid margin performance and positive sales trends.
Sales Performance
Fourth quarter-to-date comparable sales are up in the high single digits with positive sales trends across brands and channels.
Operating Income Outlook
The fourth quarter operating income outlook has been raised to a range of $167 to $170 million, driven by solid margin performance and anticipated consolidated comparable sales growth.
Brand Growth
American Eagle comp growth is in the low single digits, while Aerie comps are in the low twenties, indicating strong performance across the brands.
- Record December sales fueled by strong growth at Aerie and Offline, with sequential growth at American Eagle.
- Customers embraced new product collections and marketing initiatives, driving strength even after the holiday period.
American Eagle Outfitters expects to continue building on the positive sales momentum with new customer-inspired collections, focusing on shareholder value creation.