Aerie drives sales growth at American Eagle Outfitters
American Eagle Outfitters, Inc. (AEO) reported total net revenue for the fourth quarter increased 70 million dollars or 6 percent to 1.31 billion dollars, while consolidated comparable sales increased 2 percent, following a 6 percent increase last year. By brand, American Eagle comparable sales decreased 3 percent, compared to a 3 percent increase last year, while Aerie’s comparable sales increased 26 percent, following a 23 percent increase last year.
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