More on American Eagle Outfitters (AEO): Comparable-store sales up 9% Y/Y. Decreased product...

|About: American Eagle Outfitters... (AEO)|By:, SA News Editor

More on American Eagle Outfitters (AEO): Comparable-store sales up 9% Y/Y. Decreased product costs and markdowns helped improve profitability. SG&A expenses fell 40 bps to 24.0%. Number of stores stayed flat during the quarter. Sees Q3 EPS of $0.37-$0.38 and boosts full-year EPS guidance to $1.33-$1.36. Shares +6.8% premarket to $22.20, a 52-week high. (PR)