Aerie news and archive

American Eagle Outfitters beats revenue outlook, reinstates dividend

American Eagle Outfitters, Inc. (AEO) reported net revenue of 1.5 billion dollars, down 1 percent in the fourth quarter of 2022. According to Reuters analysts on average had expected revenue of 1.48 billion dollars. Brand revenue declined 2 percent, exceeding company expectations for a mid-single digit decline. The company also reinstated its...

Business

American Eagle Outfitters expects Q4 results at high end of guidance

American Eagle Outfitters, Inc. (AEO) announced that fourth quarter-to-date brand revenue, through Saturday, January 7, 2023, is down approximately 3 percent, on the higher end of its expectations. The company added that American Eagle is tracking slightly ahead and Aerie is in line with expectations. Quiet Logistics is expected to add 2...

Business

American Eagle's Q3 sales performance beats expectations

For the third quarter, American Eagle Outfitters, Inc. net revenue of 1.2 billion dollars was down 3 percent to the third quarter of 2021. A Reuters report said, analysts had expected revenue of 1.21 billion dollars, according to IBES data from Refinitiv. The company said, supply chain business, quiet platforms, contributed approximately 2...

Business

American Eagle Outfitters posts flat revenue growth

Second quarter net revenues at American Eagle Outfitters, Inc. (AEO) reached 1.2 billion dollars, flat to the second quarter of 2021, while brand revenue declined 2%. By brand, the company said in a release, Aerie revenue of 372 million dollars rose 11 percent, reflecting a 25 percent three-year revenue CAGR but comp sales declined 6 percent....

Business

American Eagle Outfitters reports challenging Q1

For the first quarter, American Eagle Outfitters, Inc. reported a total net revenue increase of 20 million dollars or two percent to 1.055 billion dollars, with supply chain acquisitions contributing approximately three percentage points to revenue growth. “The first quarter proved challenging, with demand well below our expectations, pressuring...

Retail

American Eagle and Aerie Carnaby store openings fall through

The highly anticipated UK store debuts for American Eagle and Aerie have been scrapped after the brands’ licensee company AEO EU descended into liquidation in January. The US fashion brands were set to open their first stores in the country at London’s Carnaby location in December. However, the brands’ owner American Eagle decided to terminate...

BusinessFeatured

American Eagle Outfitters Q4 revenues increase 17 percent

For the fourth quarter, American Eagle Outfitters, Inc. (AEO) reported a total net revenue increase of 216 million dollars or 17 percent to 1.51 billion dollars. Total net revenue for the full year increased 1.3 billion dollars or 33 percent to 5 billion dollars. Compared to the pre-pandemic fiscal year 2019 base, total net revenue increased 16...

Business

American Eagle Outfitters raises 2023 financial targets

After strong holiday sales, American Eagle Outfitters, Inc. (AEO) has said that it is on track to achieve 600 million dollars in operating income for fiscal 2021. Fueled by strong demand and positive pricing, AEO expects record fourth quarter revenue with growth in the mid-to-high teens compared to fourth quarter 2020, and up in the mid-teens...

Business

American Eagle Outfitters posts 24 percent revenue growth

American Eagle Outfitters, Inc. (AEO) said total net revenue increased 242 million dollars or 24 percent to 1.27 billion dollars for the third quarter with Aerie revenue of 315 million dollars, up 28 percent and American Eagle revenue of 941 million dollars, up 21 percent versus third quarter 2020. Consolidated store revenue increased 29 percent...

Retail

Aerie and American Eagle to open in Carnaby, London

Shaftesbury PLC, the retail investment trust, has announced that Aerie and American Eagle stores are set to open in Carnaby, London. Both stores will be located at Foubert’s Place and are due to open December 2021. Aerie will occupy a 1,630 square feet space over two floors, while American Eagle’s store is to be 3,888 square foot and will extend...

Business

Q2 sales rise 35 percent at American Eagle Outfitters

Total net revenue for the second quarter at American Eagle Outfitters (AEO) increased 311 million dollars or 35 percent to 1.19 billion dollars compared to the second quarter of 2020. The company said Aerie revenue of 336 million rose 34 percent from second quarter 2020 on top of 32 percent growth last year. American Eagle revenue of 846 million...

Fashion

Aerie launches new #AerieReal Voices campaign

Lifestyle and apparel brand Aerie has unveiled the new campaign for its ongoing #AerieReal initiative. The brand, which is a part of the American Eagle Outfitters group, is continuing the campaign by welcoming new brand ambassadors that reflect the message it hopes to convey with the #AerieReal story. The goal of the campaign is to push real...