Lifestyle retailer AE Outfitters announces financials for Q2

16 Aug '05

3 min read

-Net income for the period increased to $113.3 million, or $0.72 per share on a diluted basis, from net income of $54.5 million, or $0.37 per share on a diluted basis last year (which included a $0.03 loss from discontinued operations).

Management also provided third quarter earnings guidance of $0.45 to $0.46 per share. This compares to earnings of $0.39 per share from continuing operations in the third quarter of last year.

At 9:00 a.m. Eastern Time, on August 16, 2005, the Company's management team will host a conference call to review the financial results. To listen to the call, dial 877-601-0864 at least ten minutes prior to the start of the call. The conference call will also be simultaneously broadcast over the Internet at www.ae.com. A replay will be available beginning August 16th at 12:00 p.m. Eastern Time through August 30th. To listen to the replay, dial 1-800-642-1687 and reference confirmation code 7296359#. An audio replay of the conference call will also be available at www.ae.com.

Warrendale based 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 783 AE stores in 50 states, the District of Columbia and Puerto Rico, and 71 AE stores in Canada.

American Eagle Outfitters Inc

More American Eagle Outfitters Inc News... More Fashion News - United States Of America...