American Eagle Outfitters Reports Record February Sales of $74.3 Million, an Increase of 4.5%.Business Editors WARRENDALE, Pa.--(BUSINESS WIRE)--March 5, 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 March 1, 2003 increased 4.5% to $74.3 million, compared to $71.1 million for the four-week period ended March 2, 2002. Comparable store sales for the American Eagle Outfitters stores decreased 7.0% for the February period. Consolidated comparable store sales, which include American Eagle and Bluenotes/Thriftys stores, decreased 7.8% for the month compared to the corresponding period ended March 2, 2002. Total sales for the four-week period ended March 1, 2003 include $4.0 million from the Bluenotes/Thriftys operation, compared to $4.6 million for the corresponding period last year. Bluenotes/Thriftys comparable store sales declined 18.5% in February compared to 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 relaxed, versatile clothing for 16 to 34 year-olds, providing high-quality merchandise at affordable prices. AE's lifestyle collection includes casual basics like khakis khak·i n. 1. A light olive brown to moderate or light yellowish brown. 2. a. A sturdy cloth of this color. b. khakis A uniform made of this cloth. , cargos, and jeans; fashion tops like rugbys, polos, and graphic T's; and functional items like swimwear, 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 accessories. 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 698 AE stores in 48 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). , 56 AE stores in Canada, and 111 Bluenotes/Thriftys stores in Canada. AE also operates via its internet business, ae.com. |
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