US Apparel Retailer AEO Up Three Quarter Expected Price Rise
American Apparel Retailer American Apparel Inc. (NYSEMKT:APP) released its three quarter earnings report on Monday, which affected the price of teenage clothing companies. However, Tuesday's Eagle Outfitters Inc. (NYSE:AEO) disk suddenly announced the expected announcement of the three quarter, which prompted the stock market to rise sharply. End The time of dispatch was 8:47AM, which rose by 11.51% to $13.95.
American Eagle Outfitters said in a statement that it expects to record US $0.22 in the three quarter of November 1st, compared with the previous US $0.17 -0.19 US $0.22. Upper limit There is still an increase of US $0.03. If we include restructuring fees and earnings per share of US $0.17, the actual three quarter EPS will be US $0.05. It is expected that the same store sales will drop 5% in the three quarter, and net sales will drop slightly.
American Eagle Outfitters interim chief executive Jay Schottenstein said the group is steadily improving its commodity strategy. However, due to the continued weakness in shopping centres, the holiday season is expected to remain cautious.
American Eagle Outfitters will release its official three quarter earnings on Thursday.
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