American Eagle (AEO) Beats Q4 Earnings & Revenue Estimates
AEOAmerican Eagle Outfitters(AEO) Zacks Investment Research·2024-03-09 02:11

American Eagle Outfitters, Inc. (AEO) reported top and bottom-line beat in fourth-quarter fiscal 2023, driven by brand strength and solid demand. Earnings and revenues also increased year over year. The company’s fourth-quarter fiscal 2023 adjusted earnings of 61 cents per share rose 64.9% year over year and surpassed the Zacks Consensus Estimate of 50 cents. Total net revenues of 1,678.9millionimproved121,678.9 million improved 12% year over year, beating the Zacks Consensus Estimate of 1,663 million. Revenues included a $57-mi ...