Thursday, December 13, 2018

Aerie comps soar 32%

Retail Dive
American Eagle Outfitters on Tuesday reported that total third quarter net revenue rose 5%, or $43 million, to about $1 billion from $960 million last year, with the calendar shift bringing down results by $40 million.

Overall store comps rose 8%. By brand in the quarter, American Eagle comps rose 5%, and Aerie's comps soared 32%, following a 19% increase last year, the 16th consecutive quarter of double-digit comp growth, according to a company press release.. . . more