WARRENDALE, Pa., May 9 /PRNewswire/ --
American Eagle Outfitters, Inc. (Nasdaq: AEOS) today announced total sales for
the four weeks ended May 5, 2001 increased 53.6% to $88.7 million from
$57.8 million for the period ended April 29, 2000. Total sales for the four
weeks ended May 5, 2001 include $7.0 million from the Thriftys/Bluenotes
operation. U.S. same store sales for the four weeks ended May 5, 2001
increased 22.7% compared to the corresponding four-week period ended May 6,
2000.
Total sales for the quarter ended May 5, 2001 increased 41.3% to
$251.6 million from $178.0 million for the quarter ended April 29, 2000.
Total sales for the quarter include $20.4 million from the Thriftys/Bluenotes
operation. U.S. same store sales for the 2001 period rose 8.2% compared to
the corresponding quarter last year.
To access our recorded monthly sales commentary, please call 724-779-6601.
On May 24, 2001, American Eagle Outfitters will report financial results
for the first quarter of fiscal 2001. At 9:00 a.m. ET, on May 24, the
Company's management team will host a conference call to review the financial
results. To listen to the call, dial 719-457-2649 at least ten minutes prior
to the start of the call. The conference call will also be simultaneously
broadcast over the internet at http://www.ae.com.
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 571 American Eagle
Outfitters stores in 47 states and the District of Columbia, one American
Eagle Outfitters store in Canada, and 110 Thriftys/Bluenotes stores in Canada.
AE also operates via its Internet business, http://www.ae.com.
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 of American Eagle Outfitters, 724-776-4857
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