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American Eagle Outfitters Reports August Sales of $155.6 Million.


Business Editors

WARRENDALE, Pa.--(BUSINESS WIRE)--Sept. 3, 2003

American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of  Eagle Outfitters, Inc. (Nasdaq:AEOS AEOS American Eagle Outfitters Inc. (stock symbol)
AEOS Advanced Electro-Optical System (3.67 meter adaptive optical telescope on Maui)
AEOS Advanced Electro Optical Sensor
) today announced that total sales for the four-week period ended August 30, 2003 decreased 0.6% to $155.6 million, compared to $156.5 million for the four-week period ended August 31, 2002. Comparable store sales for the American Eagle Outfitters stores decreased 10.3% for the August period. Consolidated comparable store sales, which include American Eagle and Bluenotes/Thriftys stores, decreased 10.4% for the month of August.

Total sales for the period include $9.4 million from the Bluenotes/Thriftys operation, the same as the corresponding period last year. Bluenotes/Thriftys comparable store sales declined 11.7% in August.

Total sales for the thirty-week period ended August 30, 2003 increased 4.1% to $784.5 million, compared to $753.6 million for the thirty-week period ended August 31, 2002. Comparable store sales for the American Eagle Outfitters stores declined 6.5% for the thirty-week period. Consolidated comparable store sales, which include American Eagle and Bluenotes/Thriftys stores, decreased 6.9% for the period compared to the corresponding period ended August 31, 2002.

Total sales for the thirty-week period include $44.5 million from the Bluenotes/Thriftys operation, compared to $45.7 million for the corresponding period last year. Bluenotes/Thriftys comparable store sales declined 11.6% for the period compared to the corresponding period last year.

To access our recorded monthly sales commentary, please call 800-642-1687, conference code #3282124.

American Eagle Outfitters (NASDAQ:AEOS) is a leading lifestyle retailer that designs, markets, and sells its own brand of casual, fashion-right clothing for 20 year olds, providing high-quality merchandise at affordable prices. AE's collection includes modern basics like jeans, surplus, and graphic Ts as well as a stylish Stylish is a free Mozilla extension that allows for the manipulation of web pages and XUL application user interfaces through the use of CSS or user styles available localy or from centralized web-site [1], which allows style sharing.  assortment assortment /as·sort·ment/ (ah-sort´ment) the random distribution of nonhomologous chromosomes to daughter cells in metaphase of the first meiotic division.

as·sort·ment
n.
 of cool accessories, outerwear, footwear Footwear consists of garments worn on the feet. It is worn for a variety of reasons, including protection against the environment, hygiene and adornment. Usually, socks and other hosiery are worn between the feet and the footwear, except for sandals and flip flops (thongs).  and swimwear. AE's Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma.  subsidiary, Bluenotes/Thriftys, targets a slightly younger demographic, offering a more urban/suburban, denim-driven collection for 12 to 22 year-olds. American Eagle Outfitters currently operates 722 AE stores in 49 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , 61 AE stores in Canada, and 111 Bluenotes/Thriftys stores in Canada. AE also operates via its internet business, ae.com.
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Publication:Business Wire
Date:Sep 3, 2003
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