American Eagle Outfitters achieved ‘record sales’ in December

American Eagle Outfitters celebrated a successful holiday season with impressive sales figures for December 2024. Fourth quarter-to-date comparable sales increased in the low single digits, surpassing the recent guidance of a 1% rise. Positive trends were observed across both the American Eagle and Aerie brands.

Raising Fourth Quarter Outlook

As a result of this strong performance, the company raised its fourth quarter outlook, projecting an operating profit of approximately $135 million, up from the previous range of $125 million to $130 million. This outlook is supported by a comparable sales increase of about 2%, building on an 8% growth from the prior year. However, the retail calendar will adversely impact total revenue, which is forecasted to decrease by approximately 5%.

Jay Schottenstein, AEO’s Executive Chairman of the Board and Chief Executive Officer, remarked, “As a top destination for holiday shopping, we achieved record sales in December. We came to market…