With same-store sales spiking 8% from a year ago, specialty retailer American Eagle’s (AEO) fourth-quarter sales improved 12% to $1.23 billion.
American Eagle saw strong sales from retail stores and on the digital front. The retailer hiked its dividends by 10% to $0.1375 per share.
GAAP earnings came in at $93.9 million or $0.52 per share, which includes tax benefit of $14.9 million or $0.08 per share due to the recent tax reforms. On an adjusted basis, earnings increased 13% to $0.44 per share.
Margins contracted by 80 basis points due to higher marketing costs. American Eagle ended fiscal 2017 with 1,047 stores and licensed 214 stores globally.
Outlook
For the first quarter of 2018, the specialty retailer expects its EPS to be in the range of $0.20 to $0.22, excluding impairment and restructuring costs.
Most Popular
GS Earnings: A snapshot of Goldman Sachs’ Q4 2025 results
Banking giant Goldman Sachs Group, Inc. (NYSE: GS) on Thursday reported lower revenues and higher earnings for the fourth quarter of fiscal 2025. Net revenues decreased to $13.45 billion in
Morgan Stanley (MS) Q4 2025 Earnings: Revenue and profits beat estimates
Morgan Stanley (NYSE: MS) reported its fourth quarter 2025 earnings results today. Net revenues increased 10% year-over-year to $17.9 billion. Net income applicable to common shareholders was $4.3 billion, or
Key highlights from BlackRock’s (BLK) Q4 2025 earnings results
BlackRock, Inc. (NYSE: BLK) reported its fourth quarter 2025 earnings results today. Revenue increased 23% year-over-year to $7 billion. Net income decreased 33% to $1.13 billion, or $7.16 per share,
