WARRENDALE, Pa., Feb. 6 /PRNewswire-FirstCall/ --
American Eagle Outfitters, Inc. (Nasdaq: AEOS) today announced total sales for
the four-week period ended February 2, 2002 of $68.5 million, compared to
$72.3 million for the five-week period ended February 3, 2001. Excluding
sales from the extra week in the 2000 period, total sales increased 26.2%
compared to the corresponding four-week period last year. Total sales for the
four weeks ended February 2, 2002 include $4.1 million from the
Bluenotes/Thriftys operation. U.S. same store sales for the four weeks ended
February 2, 2002 increased 6.2% compared to the corresponding four-week period
ended February 3, 2001.
Total sales for the thirteen-week period ended February 2, 2002 reached a
record $464.3 million compared to $423.7 million for the fourteen-week period
ended February 3, 2001. Excluding sales from the extra week in the 2000
period, total sales increased 14.9% compared to the corresponding thirteen-
week period last year. Total sales for the period include $29.7 million from
the Bluenotes/Thriftys operation. U.S. same store sales for the thirteen-week
period decreased 2.1% compared to the corresponding period last year.
Total sales for the fifty-two week period ended February 2, 2002 reached a
record $1.372 billion, compared to $1.093 billion for the fifty-three week
period ended February 3, 2001. Excluding sales from the extra week in the
fiscal 2000 period, total sales increased 26.8% compared to the corresponding
fifty-two week period last year. Total sales for the period include
$100.7 million from the Bluenotes/Thriftys operation. U.S. same store sales
for the fiscal 2001 period rose 2.3% compared to the corresponding period last
year.
Founded in 1977, the Company designs, markets, and sells the American
Eagle brand of relaxed, clean, and versatile clothing for 16 to 34 year olds,
providing high-quality merchandise at affordable prices. AE's lifestyle
collection offers casual basics like cargos complemented by fashion looks in
stretch, denim, and other modern fabrications. The Company also operates the
Bluenotes/Thriftys specialty apparel chain in Canada. Bluenotes/Thriftys
offers an urban inspired, denim-driven collection for 12 to 22 year olds. The
Company currently operates 632 American Eagle Outfitters stores in 47 states
and the District of Columbia, 46 American Eagle Outfitters stores in Canada,
and 112 Bluenotes/Thriftys stores in Canada. AE also operates via its
Internet business, ae.com.
To access our recorded monthly sales commentary, please call 800-642-1687,
conference code #3090679.
SOURCE American Eagle Outfitters, Inc.
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Related links:
http://www.ae.com
Company News On-Call:
http://www.prnewswire.com/gh/cnoc/comp/104763.html
CONTACT:
Laura Weil or Judy Meehan of American Eagle
Outfitters, +1-724-776-4857
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