Categories Earnings, Retail

American Eagle Outfitters: Q4 2017 earnings results

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.

American Eagle Q4 earnings results

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

Weibo (WB) Earnings: 1Q21 Key Numbers

Weibo Corporation (NASDAQ: WB) reported first-quarter 2021 earnings results today. Net revenues increased by 42% year-over-year at $458.9 million and 31% increase on a constant currency basis. Net income attributable

Earnings calendar for the week of May 10

Stock markets rallied amid mixed cues on the health of the labor market, with latest data showing that payrolls grew at a slower-than-expected pace while unemployment claims slipped below the

Apple-Epic legal fight could set a new paradigm for mobile app distribution

These days the tech world is abuzz with the legal battle between gadget giant Apple, Inc. (NASDAQ: AAPL) and Epic Games, which has elicited significant media interest. The trial in

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top