American Eagle reports Q4 adjusted EPS 61c, consensus 50c

Reports Q4 revenue $1.68B, consensus $1.66B. Reports Aerie revenue of $538M rose 16% with comp sales up 13% and American Eagle revenue of $1.1B increased 11% with comp sales growing 6%. Store revenue rose 10%. Total digital revenue increased 19%. “I am proud of how the teams executed in the fourth quarter. As our profit improvement initiatives took hold, we delivered a material improvement in business, underscoring the power of our brands, operations and strategic focus. Customers responded well to our strong merchandise collections fueling positive results across brands and channels,” commented Jay Schottenstein, AEO‘s Executive Chairman of the Board and Chief Executive Officer.