American Eagle Outfitters Reports Record July Sales of $102.0 Million, An Increase of 53.2%, Comparable Store Sales Rise 3.7%

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American Eagle Outfitters Reports Record July Sales of $102.0 Million, An Increase of 53.2%, Comparable Store Sales Rise 3.7%

    WARRENDALE, Pa., Aug. 8 /PRNewswire/ --
American Eagle Outfitters, Inc. (Nasdaq: AEOS) today announced total sales for
the four weeks ended August 4, 2001 increased 53.2% to $102.0 million from
$66.6 million for the period ended July 29, 2000.  Total sales for the four
weeks ended August 4, 2001 include $6.6 million from the Bluenotes/Thriftys
operation.  U.S. same store sales for the four weeks ended August 4, 2001
increased 3.7% compared to the corresponding four-week period ended
August 5, 2000.
    Total sales for the second quarter ended August 4, 2001 increased 39.9% to
$292.4 million from $209.0 million for the second quarter ended July 29, 2000.
Total sales for the thirteen-week period include $21.2 million from the
Bluenotes/Thriftys operation.  U.S. same store sales for the thirteen-week
period increased 4.6% compared to the corresponding thirteen-week period last
year.
    Total sales for the twenty-six week period ended August 4, 2001 increased
40.6% to $543.9 million from $387.0 million for the twenty-six week period
ended July 29, 2000.  Total sales for the period include $41.6 million from
the Bluenotes/Thriftys operation.  U.S. same store sales for the 2001 period
rose 6.2% 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 586 American Eagle Outfitters stores in 47 states
and the District of Columbia, 37 American Eagle Outfitters stores in Canada,
and 110 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.

http://www.ae.com
Company News On-Call:

http://www.prnewswire.com/gh/cnoc/comp/104763.html
CONTACT:
Laura Weil or Judy Meehan, +1-724-776-4857,
both of American Eagle