WARRENDALE, Pa., March 5 /PRNewswire-FirstCall/ --
American Eagle Outfitters, Inc. (Nasdaq: AEOS) today announced total sales for
the four-week period ended March 2, 2002 increased 16.3% to $71.1 million,
compared to $61.1 million for the four-week period ended March 3, 2001. Total
sales for the period include $4.6 million from the Bluenotes/Thriftys
operation, compared to $5.3 million for the corresponding period last year.
Comparable store sales for the American Eagle Outfitters stores decreased
1.2% for the February period. Consolidated comparable store sales, which
include American Eagle and Bluenotes/Thriftys stores decreased 2.4% for the
month compared to the corresponding period ended March 3, 2001.
Bluenotes/Thriftys comparable store sales declined 15.4% in February compared
to 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 #3282124.
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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