WARRENDALE, Pa., Dec. 5 /PRNewswire/ --
American Eagle Outfitters, Inc. (Nasdaq: AEOS) today announced that total
sales for the four weeks ended December 1, 2001 increased 15.9% to
$139.7 million from $120.6 million* for the period ended November 25, 2000.
Total sales include sales from the Bluenotes/Thriftys operation of
$8.4 million for November 2001 and $8.4 million for November 2000. U.S. same
store sales for the four weeks ended December 1, 2001 decreased 9.6% compared
to the corresponding four-week period ended December 2, 2000. On an unshifted
calendar basis, November comparable store sales decreased 2.1% compared to the
four weeks ended November 25, 2000.
Total sales for the forty-three week period ended December 1, 2001
increased 32.5% to $1.047 billion from $790.3 million for the forty-three week
period ended November 25, 2000. Total sales include sales from the
Bluenotes/Thriftys operation of $79.3 million for the 2001 period and
$8.4 million for the 2000 period. U.S. same store sales for the 2001 period
rose 2.6% 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 632 American Eagle Outfitters stores in 47 states
and the District of Columbia, 46 American Eagle Outfitters stores in Canada,
and 113 Bluenotes/Thriftys stores in Canada. AE also operates via its
Internet business, ae.com.
*In the November 2000 sales release, Bluenotes/Thriftys was not included
in the November 2000 total sales because American Eagle Outfitters did not
finalize the acquisition until December 1, 2000, although it was effective
October 29, 2000.
To access our recorded monthly sales commentary, please call 800-642-1687,
conference code #2549255.
SOURCE American Eagle Outfitters, Inc.
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Related links:
http://www.ae.com
Company News On-Call:
http://www.prnewswire.com/gh/cnoc/comp/104763.html
CONTACT:
Laura Weil or Judy Meehan, both of American
Eagle Outfitters, +1-724-776-4857
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