American Eagle Outfitters October Comparable Store Sales Expected to be Positive Mid-Single Digit

Search Blogs that Mention this News Release

Click this link to view linked Bookmarking Services

Click this link to view linked Blogging Services

American Eagle Outfitters October Comparable Store Sales Expected to be Positive Mid-Single Digit

    WARRENDALE, Pa., Oct. 31 /PRNewswire/ --
American Eagle Outfitters, Inc. (Nasdaq: AEOS) today announced that comparable
store sales for the month of October 2001 are trending above the Company's
prior guidance, given on the September sales commentary.  Comparable store
sales for October are now expected to be in the positive mid-single digit
range.  This pre-announcement is made in connection with the Company's
participation in the UBS Warburg Global Consumer Conference on November 1,
2001.
    American Eagle Outfitters also announced that the current First Call
consensus earnings estimate of $0.41 per share for the third quarter is in the
range of the Company's current expectations.
    Final October 2001 sales results will be reported on Wednesday,
November 7th at 4:30 p.m. ET.  To access the Company's recorded monthly sales
commentary, dial (724) 779-6601.
    Final third quarter earnings results will be reported on November 16th,
2001.  At 9:00 a.m. ET, management will hold a conference call to review
earnings.  To access the call, dial (719) 457-2633, or go to http://www.ae.com.

    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 626 American Eagle Outfitters
stores in 47 states and the District of Columbia, 46 American Eagle Outfitters
stores in Canada, and 111 Bluenotes/Thriftys stores in Canada.  AE also
operates via its Internet business, ae.com.

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 of Judy Meehan, both of American
Eagle Outfitters, +1-724-776-4857