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American Eagle Outfitters slides after holiday update

Jan. 08, 2016 8:08 AM ETAmerican Eagle Outfitters, Inc. (AEO) StockBy: Clark Schultz, SA News Editor
  • American Eagle Outfitters (NYSE:AEO) announces that Q4 comparable-store sales were up 4% for the period that included the key holiday period.
  • The company backs prior guidance for Q4 EPS of $0.40 to $0.42, although that range is below the consensus estimate of $0.43.
  • AEO's online business was particularly strong, according to CEO Jay Schottenstein.
  • Full results are scheduled to be released on March 2.
  • AEO -8.7% premarket to $14.50.

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