U.S. Sales Rose 31.9% to a Record $210.8 million
U.S. Same Store Sales Increased 11.8%
WARRENDALE, Pa., Jan. 3 /PRNewswire/ --
American Eagle Outfitters, Inc. (Nasdaq: AEOS) today announced total sales for
the five weeks ended December 30, 2000 increased 45.1% to a record $231.8
million from $159.8 million for the five-week period ended January 1, 2000.
Total sales for the five weeks ended December 30, 2000 includes $21.1 million
from the Thrifty's/Bluenotes operation that was acquired effective October 29,
2000.
American Eagle Outfitters' U.S. sales for the five weeks ended
December 30, 2000 increased 31.9% to a record $210.8 million from $159.8
million for the five-week period ended January 1, 2000. AE U.S. same store
sales for the December 2000 period increased 11.8% compared to the
corresponding five-week period last year. This compares to a 16.9% same store
sales increase in December 1999.
Total sales for the forty-eight week period ended December 30, 2000
increased 29.4% to $1,022.6 million from $790.3 million for the forty-eight
week period ended January 1, 2000. Total sales includes $30.0 million from
the Thrifty's/Bluenotes operation that was acquired effective October 29,
2000.
American Eagle Outfitters' U.S. sales for the forty-eight week period
ended December 30, 2000 increased 25.6% to $992.6 million from $790.3 million
for the corresponding forty-eight week period last year. U.S. same store
sales for the 2000 period rose 5.8% compared to the corresponding forty-eight
week period last year.
American Eagle Outfitters, Inc. is a specialty retailer of casual apparel,
accessories, and footwear for men and women between the ages of 16 and 34.
The Company designs, markets, and sells its own brand of versatile, relaxed,
and timeless classics like jeans, cargos, and T-shirts, under the American
Eagle Outfitters and Bluenotes brands, providing high quality merchandise at
affordable prices. The Company currently operates 556 American Eagle
Outfitters stores in 47 states and the District of Columbia, and 116
Thrifty's/Bluenotes stores in Canada.
To access our recorded monthly sales commentary, please call 724-779-6601.
SOURCE American Eagle Outfitters, Inc.
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Related links:
http://www.ae-outfitters.com
Company News On-Call:
http://www.prnewswire.com/comp/104763.html or fax,
800-758-5804, ext. 104763
CONTACT:
Laura Weil or Judy Meehan of American Eagle
Outfitters, 724-776-4857
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