-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CSZi1is+/jskRPuup9Di7wxAesCTiX+Mm78KYaPgbaCn5AS6UwJfe6BAJPkURfLJ qmfsQ8yCCVcpF1bFYhs/PQ== 0000919012-03-000011.txt : 20030411 0000919012-03-000011.hdr.sgml : 20030411 20030411100724 ACCESSION NUMBER: 0000919012-03-000011 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030409 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030411 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN EAGLE OUTFITTERS INC CENTRAL INDEX KEY: 0000919012 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 132721761 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23760 FILM NUMBER: 03646350 BUSINESS ADDRESS: STREET 1: 150 THORN HILL DR STREET 2: PO BOX 788 CITY: WARRENDALE STATE: PA ZIP: 15086 BUSINESS PHONE: 4127764857 MAIL ADDRESS: STREET 1: 150 THORN HILL DRIVE STREET 2: P O BOX 788 CITY: WARRENDALE STATE: PA ZIP: 15086 8-K 1 aeo8kmarchsales.htm 8-K MARCH SALES 8-k

SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K
CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

April 9, 2003
Date of Report (Date of earliest event reported)

AMERICAN EAGLE OUTFITTERS, INC.
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction of incorporation)

0-23760

 

13-2721761

(Commission File Number)

 

(IRS Employer Identification No.)

 

 

 

150 Thorn Hill Drive

 

15086-7528

Warrendale, Pennsylvania

 

(Zip Code)

(Address of principal executive offices)

 

 

(724) 776-4857
(Registrant's telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)


 

 ITEM 7.

 Financial Statements, Pro Forma Financial Information and Exhibits. 

 

(c) Exhibits

   Exhibit No.

                   Description

 

         99.1 Press Release dated April 9, 2003
ITEM 9. Regulation FD Disclosure.
On April 9, 2003, American Eagle Outfitters, Inc. (the "Company") issued a press release announcing the Company's March 2003 sales.  A copy of this press release is attached hereto as Exhibit 99.1.

 

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

AMERICAN EAGLE OUTFITTERS, INC.

 

 

 

 

 

 

 

 

 

 

 

Dated: April 10, 2003

 

By:

/s/ Laura A. Weil

 

 

 

Name:

Laura A. Weil

 

 

 

 

Executive Vice President and
Chief Financial Officer

 


EXHIBIT INDEX

Exhibit No.

Description

 

 

Exhibit 99.1

Press Release dated April 9, 2003


EX-99.1 3 ex_9918kmarchsales.htm EX-99.1 MARCH SALES EXHIBIT 99.1

EXHIBIT 99.1

 

AMERICAN EAGLE
OUTFITTERS

Reports Record March Sales of $119.3 Million, an Increase of 1.7%

Warrendale, PA, April 9, 2003 - American Eagle Outfitters, Inc. (NASDAQ: AEOS) today announced that total sales for the five-week period ended April 5, 2003 increased 1.7% to $119.3 million, compared to $117.4 million for the five-week period ended April 6, 2002. Comparable store sales for the American Eagle Outfitters stores decreased 8.5% for the March period. Consolidated comparable store sales, which include American Eagle and Bluenotes/Thriftys stores, decreased 9.3% for the month compared to the corresponding period ended April 6, 2002.

Total sales for the five-week period ended April 5, 2003 include $6.0 million from the Bluenotes/Thriftys operation, compared to $7.1 million for the corresponding period last year. Bluenotes/Thriftys comparable store sales declined 20.8% in March compared to last year.

Total sales for the nine-week period ended April 5, 2003 increased 2.7% to $193.6 million, compared to $188.5 million for the nine-week period ended April 6, 2002. Comparable store sales for the American Eagle Outfitters stores decreased 7.9% for the nine-week period. Consolidated comparable store sales, which include American Eagle and Bluenotes/Thriftys stores, decreased 8.8% for the period compared to the corresponding period ended April 6, 2002.

Total sales for the nine-week period include $10.0 million from the Bluenotes/Thriftys operation, compared to $11.7 million for the corresponding period last year. Bluenotes/Thriftys comparable store sales declined 19.9% for the period compared to the corresponding period last year.

Due to lower than expected sales performance in February and March and continued margin pressure from the Bluenotes Division, the Company currently expects first quarter earnings to be in the range of $0.10 to $0.12 per share, which is based on an expected April consolidated comp store sales increase in the mid to high single digits.

To access our recorded monthly sales commentary, please call 800-642-1687, conference code #3282124.

American Eagle Outfitters (NASDAQ: AEOS) is a leading lifestyle retailer that designs, markets, and sells its own brand of relaxed, versatile clothing for 16 to 34 year-olds, providing high-quality merchandise at affordable prices. AE's lifestyle collection includes casual basics like khakis, cargos, and jeans; fashion tops like rugbys, polos, and graphic T's; and functional items like swimwear, outerwear, footwear, and accessories. AE's Canadian subsidiary, Bluenotes/Thriftys, targets a slightly younger demographic, offering a more urban/suburban, denim-driven collection for 12 to 22 year-olds. American Eagle Outfitters currently operates 699 AE stores in 48 states and the District of Columbia, 58 AE stores in Canada, and 111 Bluenotes/Thriftys stores in Canada. AE also operates via its internet business, ae.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, which represent our expectations or beliefs concerning future events, specifically regarding April sales and first quarter earnings. All forward-looking statements made by the Company involve material risks and uncertainties and are subject to change based on factors beyond the Company's control. Such factors include, but are not limited to the risk that our April sales and first quarter financial plans may not be achieved, and those other risks described in the Company's filings with the Securities and Exchange Commission. Accordingly, the Company's future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. The Company does not undertake to publicly update or revise its forward-looking statements even if future changes make it clear that projected results expressed or implied will not be realized.

Company Contacts:    

Laura Weil
Judy Meehan
724-776-4857

 

 


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