American Eagle reports Q4 adjusted EPS 37c, consensus 30c

Reports Q4 revenue $1.5B, consensus $1.48B. "I am proud of how our teams navigated through unanticipated macro challenges this year, which pressured top line demand as we lapped record strength in 2021. In response, we took aggressive actions early in the year on inventory and spending to strengthen margins and increase free cash flow. We saw meaningful improvements as the year progressed. We ended 2022 in a healthy financial position and I’m pleased to reinstate our quarterly cash dividend," commented Jay Schottenstein, AEO‘s Executive Chairman of the Board and Chief Executive Officer.