www.activewallst.com - looks at American Eagle Outfitters Inc. (NYSE: AEO), the American clothing and accessories retailer, which reported its Q1 FY2016 earnings on May 18th, 2016, after market hours. The Company reported robust Q1 results with earnings increasing 47% to $0.22 per share from $0.15 recorded in the prior-year quarter. Bucking the ongoing trend of dismal earnings results from other major US-based apparel retailers, the Company posted better-than-expected results on the back of attractive assortments, strategic investments and effective execution in each department. Further, the company's Q1results gained from solid growth at its American Eagle (AE) brand and stellar performance at its aerie brand. Sign up today on ActiveWallSt.com and get free access to our coverage of earnings at:

http://www.activewallst.com/

American Eagle's total revenue increased nearly 7% Y-o-Y to $749.4 million. Comparable-store sales (comps) improved 6% as compared to a 7% increase in the year-ago period. On a brand-wise basis, comps increased 32% at the company's aerie stores and 4% at AE Total Brand outlets.

Follow ActiveWallSt.com's Apparel Stores Earnings Alerts, as other players in the fold, also recently released their financials. L Brands Inc. (NYSE: LB) announced their Q1 results on Wednesday, May 18th, 2016; and both New York & Company Inc. (NYSE: NWY) and The Gap Inc. (NYSE: GPS), came out with their earnings announcements yesterday, Thursday, May 19, 2016. Do not miss out on their financials posts and sign up for our complimentary earnings alerts service at:

http://www.activewallst.com/

Financials paints a rosy picture

American Eagle Outfitters Inc.'s gross profit in Q1 rose 12% to $293 million, while gross margin expanded 170 basis points (bps) to 39.2% owing to a 110 bps decline in buying, occupancy and warehousing costs. Also, lower product costs contributed to the increase in gross margin, offset by higher markdowns.

Selling, general and administrative (SG&A) expenses increased 6% to $196 million, owing to increased investments in advertising, variable selling expense and strategic initiatives. However, as a percentage of sales, SG&A expenses declined 30 basis points to 26.2%. Operating income shot up 40% to $59 million from $42 million in the year-ago period. At the same time, operating margins expanded 180 bps to 7.8%. At the end of Q1, total inventory was $334.3 million, rising 0.5% from the year-ago quarter.

Looking for more information on the stock market and earnings, send us an email on info@activewallst.com.

Ups store footprint

During Q1, American Eagle inaugurated two new AE Brand stores, one aerie store, and six international licensed stores. However, it closed down one AE store and three aerie stores. As of April 30th, 2016, American Eagle operated 1,046 company stores and 145 international licensed outlets across 22 countries. By the end of FY2016, the Company expects to operate 174 international licensed stores, bringing the total store count to about 1,029.

Guidance for Q2

American Eagle anticipates comps growth at a low single-digit rate in Q1. As a result, it projects earnings per share to increase slightly to $0.20-0.21 compared $0.17 in the year-ago quarter. The Company expects inventory at cost to remain flat at the end of Q2 FY2016.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit www.activewallst.com.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom
Email: info@activewallst.com
Phone number: 1-858-257-3144

SOURCE: ActiveWallSt.com

ReleaseID: 440246

"/> Earnings Review – American Eagle Soars Above Expectations « MarketersMedia – Press Release Distribution Services – News Release Distribution Services

Earnings Review – American Eagle Soars Above Expectations

Revenues Increase on the Back of Attractive Assortments, Strategic Investments

LONDON, UK / ACCESSWIRE / May 20, 2016 / As the earnings season for this quarter nears an end, ActiveWallSt.com - www.activewallst.com - looks at American Eagle Outfitters Inc. (NYSE: AEO), the American clothing and accessories retailer, which reported its Q1 FY2016 earnings on May 18th, 2016, after market hours. The Company reported robust Q1 results with earnings increasing 47% to $0.22 per share from $0.15 recorded in the prior-year quarter. Bucking the ongoing trend of dismal earnings results from other major US-based apparel retailers, the Company posted better-than-expected results on the back of attractive assortments, strategic investments and effective execution in each department. Further, the company's Q1results gained from solid growth at its American Eagle (AE) brand and stellar performance at its aerie brand. Sign up today on ActiveWallSt.com and get free access to our coverage of earnings at:

http://www.activewallst.com/

American Eagle's total revenue increased nearly 7% Y-o-Y to $749.4 million. Comparable-store sales (comps) improved 6% as compared to a 7% increase in the year-ago period. On a brand-wise basis, comps increased 32% at the company's aerie stores and 4% at AE Total Brand outlets.

Follow ActiveWallSt.com's Apparel Stores Earnings Alerts, as other players in the fold, also recently released their financials. L Brands Inc. (NYSE: LB) announced their Q1 results on Wednesday, May 18th, 2016; and both New York & Company Inc. (NYSE: NWY) and The Gap Inc. (NYSE: GPS), came out with their earnings announcements yesterday, Thursday, May 19, 2016. Do not miss out on their financials posts and sign up for our complimentary earnings alerts service at:

http://www.activewallst.com/

Financials paints a rosy picture

American Eagle Outfitters Inc.'s gross profit in Q1 rose 12% to $293 million, while gross margin expanded 170 basis points (bps) to 39.2% owing to a 110 bps decline in buying, occupancy and warehousing costs. Also, lower product costs contributed to the increase in gross margin, offset by higher markdowns.

Selling, general and administrative (SG&A) expenses increased 6% to $196 million, owing to increased investments in advertising, variable selling expense and strategic initiatives. However, as a percentage of sales, SG&A expenses declined 30 basis points to 26.2%. Operating income shot up 40% to $59 million from $42 million in the year-ago period. At the same time, operating margins expanded 180 bps to 7.8%. At the end of Q1, total inventory was $334.3 million, rising 0.5% from the year-ago quarter.

Looking for more information on the stock market and earnings, send us an email on info@activewallst.com.

Ups store footprint

During Q1, American Eagle inaugurated two new AE Brand stores, one aerie store, and six international licensed stores. However, it closed down one AE store and three aerie stores. As of April 30th, 2016, American Eagle operated 1,046 company stores and 145 international licensed outlets across 22 countries. By the end of FY2016, the Company expects to operate 174 international licensed stores, bringing the total store count to about 1,029.

Guidance for Q2

American Eagle anticipates comps growth at a low single-digit rate in Q1. As a result, it projects earnings per share to increase slightly to $0.20-0.21 compared $0.17 in the year-ago quarter. The Company expects inventory at cost to remain flat at the end of Q2 FY2016.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit www.activewallst.com.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom
Email: info@activewallst.com
Phone number: 1-858-257-3144

SOURCE: ActiveWallSt.com

ReleaseID: 440246

Revenues Increase on the Back of Attractive Assortments, Strategic Investments

LONDON, UK / ACCESSWIRE / May 20, 2016 / As the earnings season for this quarter nears an end, ActiveWallSt.com - www.activewallst.com - looks at American Eagle Outfitters Inc. (NYSE: AEO), the American clothing and accessories retailer, which reported its Q1 FY2016 earnings on May 18th, 2016, after market hours. The Company reported robust Q1 results with earnings increasing 47% to $0.22 per share from $0.15 recorded in the prior-year quarter. Bucking the ongoing trend of dismal earnings results from other major US-based apparel retailers, the Company posted better-than-expected results on the back of attractive assortments, strategic investments and effective execution in each department. Further, the company's Q1results gained from solid growth at its American Eagle (AE) brand and stellar performance at its aerie brand. Sign up today on ActiveWallSt.com and get free access to our coverage of earnings at:

http://www.activewallst.com/

American Eagle's total revenue increased nearly 7% Y-o-Y to $749.4 million. Comparable-store sales (comps) improved 6% as compared to a 7% increase in the year-ago period. On a brand-wise basis, comps increased 32% at the company's aerie stores and 4% at AE Total Brand outlets.

Follow ActiveWallSt.com's Apparel Stores Earnings Alerts, as other players in the fold, also recently released their financials. L Brands Inc. (NYSE: LB) announced their Q1 results on Wednesday, May 18th, 2016; and both New York & Company Inc. (NYSE: NWY) and The Gap Inc. (NYSE: GPS), came out with their earnings announcements yesterday, Thursday, May 19, 2016. Do not miss out on their financials posts and sign up for our complimentary earnings alerts service at:

http://www.activewallst.com/

Financials paints a rosy picture

American Eagle Outfitters Inc.'s gross profit in Q1 rose 12% to $293 million, while gross margin expanded 170 basis points (bps) to 39.2% owing to a 110 bps decline in buying, occupancy and warehousing costs. Also, lower product costs contributed to the increase in gross margin, offset by higher markdowns.

Selling, general and administrative (SG&A) expenses increased 6% to $196 million, owing to increased investments in advertising, variable selling expense and strategic initiatives. However, as a percentage of sales, SG&A expenses declined 30 basis points to 26.2%. Operating income shot up 40% to $59 million from $42 million in the year-ago period. At the same time, operating margins expanded 180 bps to 7.8%. At the end of Q1, total inventory was $334.3 million, rising 0.5% from the year-ago quarter.

Looking for more information on the stock market and earnings, send us an email on info@activewallst.com.

Ups store footprint

During Q1, American Eagle inaugurated two new AE Brand stores, one aerie store, and six international licensed stores. However, it closed down one AE store and three aerie stores. As of April 30th, 2016, American Eagle operated 1,046 company stores and 145 international licensed outlets across 22 countries. By the end of FY2016, the Company expects to operate 174 international licensed stores, bringing the total store count to about 1,029.

Guidance for Q2

American Eagle anticipates comps growth at a low single-digit rate in Q1. As a result, it projects earnings per share to increase slightly to $0.20-0.21 compared $0.17 in the year-ago quarter. The Company expects inventory at cost to remain flat at the end of Q2 FY2016.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit www.activewallst.com.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom
Email: info@activewallst.com
Phone number: 1-858-257-3144

SOURCE: ActiveWallSt.com

ReleaseID: 440246

Source URL: https://marketersmedia.com/earnings-review-american-eagle-soars-above-expectations/116081

Source: AccessWire

Release ID: 116081


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