|Bid||35.80 x 1200|
|Ask||0.00 x 1800|
|Day's Range||35.82 - 36.83|
|52 Week Range||7.20 - 38.28|
|Beta (5Y Monthly)||1.48|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.55 (1.52%)|
|Ex-Dividend Date||Apr 08, 2021|
|1y Target Est||N/A|
American Eagle Outfitters (NYSE: AEO) today announced that business is exceeding expectations with first quarter revenue on track to over $1 billion, a mid-teens increase compared to pre-COVID 2019 first quarter reported revenue. Demand has accelerated across the American Eagle and Aerie brands, generating strong margins, higher full-priced selling and reduced promotions. For the period, management expects operating income of approximately $120 million, compared to first quarter 2019 operating income of $48 million and adjusted operating income of $49 million.
The athleisure market is expected to grow by USD 80.74 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the athleisure market in optimistic, probable, and pessimistic forecast scenarios. Enterprises will go through the Response, Recovery, and Renew phases.
American Eagle Outfitters, Inc. (NYSE: AEO) today reported GAAP operating income of $4 million for the quarter ended January 30, 2021, compared to $0.5 million for the quarter ended February 1, 2020. Adjusted operating income of $106 million compared to $77 million in last year’s fourth quarter. The adjusted operating income growth to last year primarily reflected gross margin expansion from higher full-priced sales and lower promotions.