Wednesday, January 04, 2006

American Eagle Outfitters SSS

Same store sales numbers for the month of December are out for American Eagle Outfitters (AEOS). The company saw 9.8% growth in stores open for at least a year. A great number when compared to the paltry 3.5% expected by the Street.

The question now is whether or not they were able to preserve their margins. If the strong sales figures are a result of large markdowns, then the stock might suffer. From my own visits to the mall, I haven't seen it... all anecdotal, of course, but better than nothing.

For now, I'll enjoy the moment... AEOS up 7.5% afterhours to 24.50.

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