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
Key highlights from CarMax’s (KMX) Q4 2025 earnings results
CarMax, Inc. (NYSE: KMX) reported its fourth quarter 2025 earnings results today. Net revenues of $6 billion were up 6.7% from the same period a year ago. Net earnings increased
American Express (AXP) likely to report higher Q1 revenue and profit
American Express Company (NYSE: AXP) has continued its profitable growth trajectory amid stable demand for its services and strong consumer engagement. That is despite a slowdown in spending among small
DAL Earnings: All you need to know about Delta Air Lines’ Q1 2025 earnings results
Delta Air Lines (NYSE: DAL) reported its first quarter 2025 earnings results today. Operating revenue increased 2% year-over-year to $14 billion. Net income was $240 million, or $0.37 per share,
