Apparel retailer American Eagle Outfitters (NYSE: AEO) has announced financial results for the first quarter of 2023, reporting a modest increase in adjusted earnings and net sales.
- First-quarter revenue came in at $1.1 billion, which is up 2% from the same period in 2022; store revenue was up 5%, while digital revenue declined 4%
- Aerie revenue moved up 12% annually to $359 million in the April quarter; Aerie comparable sales were up 2%
- American Eagle brand revenues were $671 million during the three-month period, down 2% from last year; comp sales declined 4%
- First-quarter net income declined sharply to $18.5 million or $0.09 per share from $31.7 million or $0.16 per share in Q1 2022
- At $0.17 per share, adjusted earnings were slighter higher than the $0.16 per share profit reported last year
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Infographic: How Lennar (LEN) performed in Q4 2025
Lennar Corporation (NYSE: LEN) reported total revenues of $9.4 billion for the fourth quarter of 2025, compared to $9.9 billion reported in the same period a year ago. Net earnings
Paychex expected to report higher revenue and earnings for Q2 FY26
Paychex, Inc. (NASDAQ: PAYX), a leading provider of human capital management solutions, is undergoing an AI-driven transformation that enhances both its internal operations and client-facing services. Entering fiscal 2026, the
Signet Jewelers (SIG): A look at the progress made on Grow Brand Love
Shares of Signet Jewelers Limited (NYSE: SIG) fell over 3% on Tuesday. The stock has gained 3% year-to-date. The jewelry retailer delivered strong results for the third quarter of 2026,
