-----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, Q166rBXXfxxpsgjMocBKpsb5S3P0O+C5oTZ8lBAPOlA/mAgTRJay6Z8zciLrtKnB lCZGurE+ckT0/qGvixdSfQ== 0000919012-05-000035.txt : 20050611 0000919012-05-000035.hdr.sgml : 20050611 20050603121754 ACCESSION NUMBER: 0000919012-05-000035 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20050601 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050603 DATE AS OF CHANGE: 20050603 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: 05876435 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 aeo8kmaysales.htm 8-K MAY SALES UNITED STATES

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 


 

CURRENT REPORT  

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

 

Date of Report

(Date of earliest event reported)

 

June 1, 2005

 


 

AMERICAN EAGLE OUTFITTERS, INC.  

(Exact name of registrant as specified in its charter)

 


 

         
Delaware   0-23760   13-2721761
(State of incorporation)   (Commission File Number)   (IRS Employer Identification No.)

 

     

150 Thorn Hill Drive
Warrendale, Pennsylvania

  15086-7528
(Address of principal executive offices)   (Zip Code)

 

(724) 776-4857

(Registrant's telephone number,

including area code)

 

N/A

(Former name or former address, if changed since last report)

 


 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

[   ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[   ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[   ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


 


 

Item 7.01. Regulation FD Disclosure

 

On June 1, 2005, American Eagle Outfitters, Inc.  (the "Company") issued a press release announcing, among other things, the Company's May 2005 sales.  A copy of the press release is attached hereto as Exhibit 99.1.

 

Item 8.01. Other Events

 

The Company's Management issued a recorded sales commentary on June 1, 2005 to review the Company's sales results for the month ended May 28, 2005.  Additionally, Management reiterated second quarter 2005 earnings guidance in the commentary.  A copy of the sales commentary transcript is attached hereto as Exhibit 99.2.

 

IItem 9.01. Financial Statements and Exhibits

 

(c) Exhibits
   
Exhibit No. Description
99.1 Press Release dated June 1, 2005 announcing May sales
99.2 May Sales Commentary Transcript dated June 1, 2005

 



SIGNATURES

 

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.
    (Registrant)
Date: June 3, 2005   By:  

/s/ Dale E. Clifton

        Dale E. Clifton
        Vice President - Controller and
Chief Accounting Officer

 



EXHIBIT INDEX

 


Exhibit
Number

 

Description


99.1 Press Release dated June 1, 2005 announcing May sales
99.2 May Sales Commentary Transcript dated June 1, 2005

 

 

EX-99.1 2 ex991_8kmaysales.htm EX-99.1 MAY SALES RELEASE EXHIBIT 99.1

EXHIBIT 99.1

AMERICAN EAGLE
OUTFITTERS

Reports Record May Sales of $140.9 Million, an Increase of 25.8%
Same Store Sales Increased 17.1%

Warrendale, PA, June 1, 2005 - American Eagle Outfitters, Inc. (NASDAQ: AEOS) today announced that total sales for the month ended May 28, 2005 increased 25.8% to a record $140.9 million, compared to $112.0 million for the month ended May 29, 2004. Comparable store sales increased 17.1% for the May period.

Total sales for the year-to-date seventeen-week period ended May 28, 2005 increased 33.9% to $594.9 million, compared to $444.2 million for the seventeen-week period ended May 29, 2004. Comparable store sales increased 24.5% for the year-to-date period.

The company is reiterating its previously announced second quarter earnings guidance of $0.32 to $0.33 per share, which compares to earnings per share of $0.22 from continuing operations in the second quarter of last year, representing 45% to 50% earnings growth.

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. American Eagle Outfitters currently operates 779 AE stores in 50 states, the District of Columbia and Puerto Rico, and 70 AE 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 sales and 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, markdowns and/or earnings expectations 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


EX-99.2 3 ex992_8ktranscript.htm EX-99.2 MAY SALES TRANSCRIPT Exhibit 99.2

EXHIBIT 99.2

American Eagle Outfitters, Inc.
May 2005
Recorded Sales Commentary Transcript dated June 1, 2005

Welcome to the American Eagle Outfitters May 2005 Sales Commentary. This is Laura Weil, Chief Financial Officer. During this call, I will make certain forward-looking statements, based upon information, which represent the company's current expectations or beliefs. The results actually realized may differ materially from those expectations or beliefs based on risk factors included in our quarterly and annual reports filed with the SEC.

Total sales for the month ended May 28, 2005 increased 25.8% to a record $140.9 million, compared to $112.0 million for the period ended May 29, 2004. May comparable store sales increased 17.1%, which is on top of an 11.4% comp increase last year.

May was a solid month, reflecting strong customer acceptance of our summer assortment. Overall, we were very pleased with the level of transactions and store traffic, demonstrating the continuation of strong brand momentum. Yet, we believe that cool weather patterns negatively impacted business in the Northeast and parts of the Midwest, which were our slowest regions.

Comps in the Northeast rose in the high-single digits;

The Mid-West increased in the low double-digits;

The West was up in the mid-teens; and

The Mid-Atlantic region rose in the high-teens.

Comps were strongest in the south, with the Southeast positive mid-twenties, and the Southwest positive high-twenties compared to last year.

By division, both men's and women's produced a positive high-teen comp in May, with strength continuing in most major categories, including denim and knit tops. Our average unit retail price declined in the low single-digits compared to last year. This was due, in part, to a change in our second quarter mark-down cadence compared to last year.

Transaction trends remained strong, rising in the high-teens per average store compared to last year. Sales units sold per store rose in the low twenties, and units per transaction were positive low single-digits. In-store traffic trends and our conversion rates were also favorable compared to last year.

Comps by week were as follows:

Week one increased in the high-teens, compared to a positive low double-digit comp last year;

Weeks two and three increased in the mid-teens, compared to high-teen and low double-digit increases last year, respectively;

and Comps in week four rose in the low-twenties, compared to a mid single-digit increase last year.

 

Our second summer floor-set arrives in stores this week, which is a colorful, fun product update. Our next major merchandise flow is back-to-school, which kicks-off in July.

At this time, we are reiterating our previously-announced second quarter earnings guidance of $0.32 to $0.33 per share, representing 45 to 50% earnings growth over $0.22 per share from continuing operations last year.

Keep in mind that June is a five-week month. Our next sales update will be on Wednesday, July 6th.

Thank you for your continued interest in American Eagle Outfitters.

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