American Eagle Outfitters reports March same store sales increase of 14.1%.WARRENDALE, Pa.--(BUSINESS WIRE)--April 11, 1996--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 total sales for the five weeks ended April 6, 1996 increased 13.7% to $21.5 million from $18.9 million for the period ended April 1, 1995. Last year's sales included $2.5 million for outlet stores An outlet store or factory outlet is a retail store in which manufacturers sell their stock directly to the public through their own branded stores. The stores can be can be brick and mortar or online. sold in October 1995. 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 increased 14.1% compared with the corresponding 5 week period last year. Sales for the 9 weeks ended April 6, 1996 increased 20.3% to $39.6 million from $32.9 million in the same period last year. Last year's sales included $3.7 million from the sold outlet stores. Comparable store sales were up 14.4% versus the corresponding 9 weeks last year. American Eagle Outfitters, Inc., is a leading specialty retailer of quality men and women's lifestyle casual apparel, 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. The company operates 276 stores in 39 states throughout the country. CONTACT: Laura Weil/George Kolber 412/776-4857 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion