WARRENDALE, Pa., July 10 /PRNewswire/ -- American Eagle Outfitters, Inc.
(Nasdaq: AEOS) today announced total sales for the five weeks ended July 7,
2001 increased 36.5% to $109.6 million from $80.3 million for the period ended
July 1, 2000. Total sales for the five weeks ended July 7, 2001 include
$8.4 million from the Bluenotes/Thriftys operation. U.S. same store sales for
the five weeks ended July 7, 2001 increased 9.0% compared to the corresponding
five-week period ended July 8, 2000.
Total sales for the twenty-two week period ended July 7, 2001 increased
37.9% to $441.9 million from $320.4 million for the twenty-two week period
ended July 1, 2000. Total sales for the period include $35.0 million from the
Bluenotes/Thriftys operation. U.S. same store sales for the 2001 period rose
6.8% 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 577 American Eagle Outfitters stores in 47 states
and the District of Columbia, 27 American Eagle Outfitters stores in Canada,
and 111 Bluenotes/Thriftys stores in Canada. AE also operates via its
Internet business, ae.com.
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.com
Company News On-Call:
http://www.prnewswire.com/comp/104763.html
CONTACT:
Laura Weil or Judy Meehan American Eagle
Outfitters, 724-776-4857
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