Why Did American Eagle Outfitters’ Shares Jump 15%?
- American Eagle Outfitters’ shares jumped 15% in after-hours following its Q1 fiscal 2016 earnings report
- The company’s revenues and earnings per share came in ahead of the market expectations
- Revenues were driven by a surge in digital traffic, which bolstered American Eagle’s online sales
- Fewer promotional activities led to an improvement in gross margins
- Store consolidation and strong expense management led to a slower-than-revenue growth in SG&A expenses
- As a result, EBITDA increased 25% and EPS jumped 47% — (7% decline in shares outstanding also helped)
Have more questions about American Eagle Outfitters? See the links below:
- What Is American Eagle Outfitters’ Revenue & Net Income Breakdown In Terms Of Different Operating Segments?
- How Has American Eagle Outfitters’ Revenue Composition Changed In The Last Five Years?
- What’s American Eagle Outfitters’ Fundamental Value Based On Expected 2016 Results?
- Where Will American Eagle Outfitters’ Revenues Come From In The Next Five Years?
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- Will Q4 Results Help Extend The 14% Gain In American Eagle Stock Since Beginning of This Year?
- American Eagle Stock Up 32% Over Last Twelve Months, What’s Next?
- Can American Eagle Stock Return To Pre-Inflation Shock Highs?
- American Eagle Stock Has Upside Potential To Its Pre-Inflation Peak
Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for American Eagle Outfitters
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