American Eagle Outfitters Releases Holiday Season Sales

U.S.A

American Eagle Outfitters Inc. (NYSE:AEO) recently released holiday season sales and raised its fourth quarter performance expectations.

The company said sales rose by 1% to $893 million in the first 9 weeks of January 3, 2015 and 2% in the same store.

The group raised its EPS in the four quarter to US $0.32 -0.34 US dollars, an increase of 19%-26% compared with 0.27 US dollars in the same period last year. The group's EPS forecast for the first four quarters was US $0.30 -0.33 US dollars.

Interim CEO Jay Schottenstein expressed satisfaction with the performance of the holiday season, saying it was

The performance of recovery.

He also said there was a slight positive growth in the same store sales in December.

AEO will release its four quarter and annual report in March 10th. On Thursday, American Eagle Outfitters Inc. (NYSE:AEO) shares plunged 4.72% to close at $13.94.

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On Monday, Burch Creative Capital's Flatiro office announced the announcement of the dismissal, and the staff left the headquarters forever.

C. Wonder's management, design and sales team still don't know what it will look like.

A salesperson in New York who did not want to be named said the brand planned to close its 8 non Manhattan stores in the next two weeks.

Surplus goods are expected to be liquidated in C.Wonder stores in Time Warner Center, SOHO and downstream Fifth Avenue.

As of Tuesday afternoon, the staff of these stores still did not know that their other branches would be closed, and there was no clear type of severance payment.

Some sources say they expect a three week window period before closing down.

On Tuesday, Burch said, "I am very sorry for the fierce competition in the retail environment. The company has to take these necessary steps today.

I want to personally thank the outgoing C.Wonder staff for their valuable contributions. "

It remains to be seen whether Chapter 11 will be submitted or Burch will try to save the C.Wonder brand or otherwise authorize the leased debt appears to be the biggest responsibility of Burch in C.Wonder, and the company's Columbus Circle store is reportedly $1600 per square foot.

In late November, the company said it would close 20 of its 32 stores.

One source said he made a leap in the first 6 months of trading with Ellen DeGeneres and developed his lifestyle brand ED.

Burch now has more time to focus on a diversified portfolio including BaubleBar, his daughter, Pookie and Louisa - sports brand Trademark, Five Below and Solid & Striped, and non fashion companies.

In July, the WWD interview mentioned ED, and Burch insisted that he did not find another project in any form.

"I am tired," he said at the time.

"For some reason, everyone thinks that we are in fashion in our industry.

I really am not.

I have 50 other things to do every day.

Yes, I have invested a lot of entrepreneurs in our industry.

In every category, I only deal with technology.

I enjoy my holiday.

So for me, I really didn't see anything else. "