American Eagle Outfitters Raises Fourth Quarter Operating Income Outlook to Up to $170 Million

Reuters01-12
American Eagle Outfitters Raises Fourth Quarter Operating Income Outlook to Up to $170 Million

American Eagle Outfitters Inc. announced an increase in its fourth quarter operating income guidance to a range of $167 to $170 million, up from the previous forecast of $155 to $160 million. The revision follows record holiday sales, with fourth quarter-to-date comparable sales rising in the high single digits. Brand performance was strong, with American Eagle achieving low single-digit comparable sales growth and Aerie seeing comparable sales growth in the low twenties. The updated operating income guidance factors in approximately $50 million of pressure from tariffs and anticipates consolidated comparable sales growth between 8% and 9%.

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