AE Outfitters registers positive sales growth

05 Jan '06
2 min read

Leading lifestyle retailer American Eagle Outfitters Inc announced that total sales for the month ended December 31, 2005 increased 15.5 percent to a record $433.2 million, compared to $375.0 million for the month ended January 1, 2005.

Comparable store sales increased 9.8 percent for the December period.

Total sales for the year-to-date forty-eight week period ended December 31, 2005 increased 23.1 percent to $2.181 billion, compared to $1.772 billion for the forty-eight week period ended January 1, 2005.

Comparable store sales increased 15.8 percent for the year-to-date period.

Based on December performance, the Company is reiterating its previously announced fourth quarter earnings guidance of $0.70 to $0.72 per share.

Earnings estimates include a tax charge of approximately $0.02 related to the repatriation of foreign earnings.

Last year, the Company's fourth quarter earnings were $0.70 per share from continuing operations.

American Eagle Outfitters is a leading lifestyle retailer that designs, markets, and sells its own brand of relaxed, casual clothing for 15 to 25 year olds, providing high-quality merchandise at affordable prices.

AE's collection includes modern basics like jeans, cargo pants, and graphic Ts as well as a stylish assortment of cool accessories, outerwear and footwear.

American Eagle Outfitters currently operates 797 AE stores in 50 states, the District of Columbia and Puerto Rico, and 71 AE stores in Canada.

American Eagle Outfitters Inc

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