American Eagle: Q2 EPS almost tripled
(CercleFinance.com) - This Wednesday American Eagle Outfitters posted Q2 EPS (period ended 4 August) that soared 183% y-o-y to 34 cents, with adjusted EPS up 79% y-o-y.
The clothing chain's operating margin improved 1.9 point to 7.9%, with sales up 14% to 965 million dollars (+9% in comparable terms, compared with +2% a year ago).
Expecting high single digit sales growth in comparable data in Q3, American Eagle's management team expects adjusted EPS of approximately 45 cents to 47 cents for this period.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The clothing chain's operating margin improved 1.9 point to 7.9%, with sales up 14% to 965 million dollars (+9% in comparable terms, compared with +2% a year ago).
Expecting high single digit sales growth in comparable data in Q3, American Eagle's management team expects adjusted EPS of approximately 45 cents to 47 cents for this period.
Copyright (c) 2018 CercleFinance.com. All rights reserved.