American Eagle Outfitters, Inc. total sales for the month of January increased 17.5% to a record $128.8 million, compared to $109.6 million for the month ended January 29, 2005. Comparable store sales increased 11.3% for the January period.
Total sales for the fourth quarter ended January 28, 2006 increased 13.4% to $764.4 million from $674.0 million for the fourth quarter ended January 29, 2005. Comparable store sales increased 7.8% for the quarter.
Total sales for the year-to-date fifty-two week period ended January 28, 2006 increased 22.8% to $2.309 billion, compared to $1.881 billion for the fifty-two week period ended January 29, 2005. Comparable store sales increased 15.5% for the year-to-date period.
Based on January performance, the Company is reiterating its previously announced fourth quarter earnings guidance of $0.70 to $0.72 per share. Earnings estimates include a tax charge of approximately $0.02 related to the repatriation of foreign earnings. Last year, the Company's fourth quarter earnings were $0.70 per share from continuing operations.
