American Eagle Outfitters report 23% August sales increase.WARRENDALE, Pa.--(BUSINESS WIRE)--Aug. 31, 1995--American Eagle Outfitters Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :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 weeks ended Aug. 26, 1995, increased 23% to $31.4 million from $25.5 million for the same period last year. Same store sales Same Store Sales A statistic used in retail industry analysis. It compares sales of stores that have been open for a year or more. Notes: This statistic allows investors to determine what portion of new sales has come from sales growth and what portion from the opening of decreased 11%. This is the first reporting period for their fiscal year. A company spokesman noted, "This year's sales results were dramatically affected by exceedingly ex·ceed·ing·ly adv. To an advanced or unusual degree; extremely. exceedingly Adverb very; extremely Adv. 1. warm weather which discouraged sales of fall merchandise, compared to the cooler weather last year when same stores sales increased by 15%." The spokesman added, "Sales trends had improved at the end of the month." American Eagle Outfitters Inc., is a leading specialty retailer of quality men's and women's lifestyle casual apparel, footwear and accessories. The company operates 300 stores located in 39 states throughout the country. CONTACT: American Eagle Outfitters George Kolber, 908/632-2301 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion