-----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, AXIwiKeOmCeLRwLI5lw42s9ARhnVVuXWQHtbza2VdvoeeMdq6JX3yRh4nBoIZFDK 9vDztAsnO/KVfR98AiI5Ww== 0000919012-04-000017.txt : 20040709 0000919012-04-000017.hdr.sgml : 20040709 20040709105255 ACCESSION NUMBER: 0000919012-04-000017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040707 ITEM INFORMATION: ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040709 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: 04907253 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 aeo8kjunesales.htm 8-K JUNE 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

July 7, 2004
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 July 7, 2004
ITEM 12 . Results of Operations and Financial Condition.
The information in this Form 8-K, including the accompanying exhibit, is being furnished under Item 12 and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities and Exchange Act of 1934 (the "Exchange Act"), or otherwise subject to the liability of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.

On July 7, 2004, American Eagle Outfitters, Inc. (the "Company") issued a press release announcing, among other things, the Company's June  2004 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: July 9, 2004

 

By:

/s/ Dale E. Clifton

 

 

 

Name:

Dale E. Clifton

 

 

 

 

Vice President - Controller and
Chief Accounting Officer

 


EXHIBIT INDEX

Exhibit No.

Description

 

 

Exhibit 99.1

Press Release dated July 7, 2004


EX-99.1 2 ex_9918kjunesales.htm EX-99.1 JUNE SALES RELEASE EXHIBIT 99.1

EXHIBIT 99.1

 

AMERICAN EAGLE
OUTFITTERS

Reports June Sales of $150.8 Million, an Increase of 17.6%,
June Consolidated Same Store Sales Increased 7.6%, and
Raises Second Quarter EPS Guidance to $0.30 - $0.32

Warrendale, PA, July 7, 2004 - American Eagle Outfitters, Inc. (NASDAQ: AEOS) today announced that total sales for the five-week period ended July 3, 2004 increased 17.6% to $150.8 million, compared to $128.2 million for the five-week period ended July 5, 2003. Comparable store sales for the American Eagle Outfitters stores increased 8.7% for the June period. Consolidated comparable store sales, which include American Eagle and Bluenotes/Thriftys stores, increased 7.6% for the month compared to the corresponding period ended July 5, 2003.

Total sales for the five-week period ended July 3, 2004 include $6.9 million from the Bluenotes/Thriftys operation, compared to $7.7 million for the corresponding period last year. The 9.7% sales decrease was due to a comparable store sales decrease of 7.1% and the weakening of the Canadian dollar compared to a year ago. The comparable store sales calculation excludes the impact of foreign currency fluctuations.

Total sales for the twenty-two week period ended July 3, 2004 increased 19.4% to $618.1 million, compared to $517.7 million for the twenty-two week period ended July 5, 2003. Comparable store sales for the American Eagle Outfitters stores increased 9.8% for the twenty-two week period. Consolidated comparable store sales, which include American Eagle and Bluenotes/Thriftys stores, increased 9.1% for the period compared to the corresponding period ended July 5, 2003.

Total sales for the twenty-two week period ended July 3, 2004 include $30.0 million from the Bluenotes/Thriftys operation, compared to $29.0 million for the corresponding period last year. The 3.6% sales increase was due primarily to the strengthening of the Canadian dollar compared to a year ago, offset by a comparable store sales decline of 0.7%. The comparable store sales calculation excludes the impact of foreign currency fluctuations.

The Company stated that June results were better than expected, particularly with regard to its merchandise margin rate, and that it currently expects second quarter earnings to be in the range of $0.30 to $0.32 per share, compared to $0.11 per share in the second quarter of 2003. The Company's previous second quarter earnings guidance was $0.26 to $0.28 per share.

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, casual clothing for 15 to 25 year olds, providing high-quality merchandise at affordable prices. AE's collection includes modern basics like jeans, cargo pants, and graphic Ts as well as a stylish assortment of cool accessories, outerwear and footwear. AE's Canadian subsidiary, Bluenotes/Thriftys, offers a more urban/suburban, denim-driven collection for 12 to 22 year olds. American Eagle Outfitters currently operates 752 AE stores in 49 states, the District of Columbia and Puerto Rico, 64 AE stores in Canada, and 106 Bluenotes/Thriftys stores in Canada. AE also operates via its Web business, www.ae.com, which offers additional sizes and styles of favorite AE merchandise.

"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 second 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 second quarter sales and financial plans may not be achieved, as well as the risk that customer acceptance of our back-to-school assortment may not be strong, 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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