Reuters logo
American Eagle posts surprise rise in comparable sales
2017年5月17日 / 中午12点16分 / 6 个月前

American Eagle posts surprise rise in comparable sales

May 17 (Reuters) - American Eagle Outfitters Inc reported a surprise rise in quarterly comparable-store sales as strong demand for its Aerie line of lingerie lifted the teen apparel retailer’s sales amid a tough retail climate.

The company’s comparable sales rose 2 percent in the first quarter ended April 29, beating analysts’ average estimate of a 0.7 percent decline, according to research firm Consensus Metrix.

Net income fell to $25.24 million, or 14 cents per share, in the quarter, from $40.48 million, or 22 cents per share, a year earlier.

The company incurred $5.4 million pre-tax restructuring charges for severance and related charges in the quarter.

Net revenue rose 1.66 percent to $761.83 million. (Reporting by Gayathree Ganesan in Bengaluru; Editing by Arun Koyyur)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below