WARRENDALE, Pa., April 11 /PRNewswire/ --
American Eagle Outfitters, Inc. (Nasdaq: AEOS) today announced total sales for
the five weeks ended April 7, 2001 increased 37.6% to $101.7 million from
$73.9 million for the period ended April 1, 2000. Total sales for the five
weeks ended April 7, 2001 includes $8.1 million from the Thriftys/Bluenotes
operation that was acquired effective October 29, 2000.
American Eagle Outfitters' U.S. sales for the five weeks ended
April 7, 2001 increased 26.7% to $93.6 million from $73.9 million for the
period ended April 1, 2000. U.S. same store sales for the five weeks ended
April 7, 2001 increased 5.3% compared to the corresponding five-week period
ended April 8, 2000.
Total sales for the nine week period ended April 7, 2001 increased
35.4% to $162.8 million from $120.2 million for the nine week period ended
April 1, 2000. Total sales includes $13.4 million from the Thriftys/Bluenotes
operation that was acquired effective October 29, 2000.
American Eagle Outfitters' U.S. sales for the nine week period ended
April 7, 2001 increased 24.3% to $149.4 million from $120.2 million for the
corresponding nine week period last year. U.S. same store sales for the 2001
period rose 1.4% compared to the corresponding nine week period last year.
Founded in 1977, the Company designs, markets, and sells its own 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. Thriftys/Bluenotes targets a slightly younger
demographic, offering a more urban/suburban, denim-driven collection for 12 to
22 year olds. American Eagle Outfitters currently operates 563 American Eagle
Outfitters stores in 47 states and the District of Columbia, and 110
Thriftys/Bluenotes stores in Canada. AE also operates via its Internet
business, ae.com.
To access the recorded monthly sales commentary, please call 724-779-6601.
SOURCE American Eagle Outfitters, Inc.
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Related links: http://www.ae.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, 724-776-4857, both of American Eagle Outfitters
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