-----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, StrNToKqcP+q0D/js87Kd91ED/sy1s6P98FXhdJce/I/st6lLeXM67p0ObeaU8Qj yiFKrbdD1NYvKn+vUOin1g== 0000919012-05-000047.txt : 20050708 0000919012-05-000047.hdr.sgml : 20050708 20050708142912 ACCESSION NUMBER: 0000919012-05-000047 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20050706 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050708 DATE AS OF CHANGE: 20050708 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: 05945496 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 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)

 

July 6, 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 July 6, 2005, American Eagle Outfitters, Inc.  (the "Company") issued a press release announcing, among other things, the Company's June 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 July 6, 2005 to review the Company's sales results for the month ended July 2, 2005. Additionally, Management raised second quarter 2005 earnings guidance in the commentary.  A copy of the sales commentary transcript is attached hereto as Exhibit 99.2.
 ITEM 9.01. Financial Statements and Exhibits
(c) Exhibits
   
Exhibit No. Description
99.1 Press Release dated July 6, 2005 announcing June sales
99.2 June Sales Commentary Transcript dated July 6, 2005

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.
    (Registrant)
Date: July 8, 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 July 6, 2005 announcing June sales
99.2 June Sales Commentary Transcript dated July 6, 2005

 

EX-99 2 ex991_8kjunesales.htm EX-99.1 JUNE SALES RELEASE EXHIBIT 99.1

EXHIBIT 99.1

NEWS RELEASE

AMERICAN EAGLE
OUTFITTERS

Reports Record June Sales of $197.4 Million, an Increase of 37.3%

Same Store Sales Increased 28.0%

Raises Second Quarter EPS Guidance

Warrendale, PA, July 6, 2005 -- American Eagle Outfitters, Inc. (NASDAQ: AEOS) today announced that total sales for the month ended July 2, 2005 increased 37.3% to a record $197.4 million, compared to $143.8 million for the month ended July 3, 2004. Comparable store sales increased 28.0% for the June period.

Total sales for the year-to-date twenty-two week period ended July 2, 2005 increased 34.7% to $792.3 million, compared to $588.1 million for the twenty-two week period ended July 3, 2004. Comparable store sales increased 25.4% for the year-to-date period.

Based on strong results in June, the company is raising its second quarter earnings guidance to $0.34 to $0.35 per share, which compares to earnings per share of $0.22 from continuing operations in the second quarter of last year, representing 55% to 59% EPS growth. The company's previous second quarter earnings guidance was $0.32 to $0.33 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. American Eagle Outfitters currently operates 779 AE stores in 50 states, the District of Columbia and Puerto Rico, and 71 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 back-to-school assortment, which arrives in stores the second week of July, is not well accepted and as a result, 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 o r 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 3 ex992_8ktranscript.htm EX-99.2 JUNE SALES TRANSCRIPT Exhibit 99.2

EXHIBIT 99.2

American Eagle Outfitters, Inc.
June 2005
Recorded Sales Commentary Transcript dated July 6, 2005

Welcome to the American Eagle Outfitters June 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 July 2, 2005, increased 37.3% to a record $197.4 million, compared to $143.8 million for the month ended July 3, 2004. June comparable store sales increased 28.0%, which follows an 8.7% comp increase last June.

We are extremely pleased with our June results. Business was robust, and consistent throughout the month, led by strong traffic and transactions. Both our men's and women's divisions comped in the positive high-twenties, reflecting strength in nearly all merchandise categories. Key items including knits, denim and shorts produced very favorable comps.

Strong sell-throughs drove a high single-digit increase in our average unit retail price, which reflected fewer markdowns in June compared to last year. Transaction trends remained strong, rising in the high-teens per average store over last year. Sales units sold per store increased nearly 20%, and units per transaction increased in the low single-digits. 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-twenties, compared to a positive high single-digit comp last year;

Week two increased in the low-thirties, compared to a low single-digit increase;

Comps in week three were positive mid-twenties compared to a high-teen increase; and

Comps in weeks four and five rose in the high-twenties, compared to increases in the low single-digits and high single-digits last year, respectively.

 

All geographic regions demonstrated strong brand momentum.

Comps in the West rose approximately 20%;

The Mid-West increased in the mid-twenties;

Comps in the Southwest and Canada were up in the high-twenties;

The Southeast increased in the low-thirties, and

Comps in the Mid-Atlantic and Northeast regions rose in the mid-thirties, compared to last year.

We look forward to our upcoming fall season, which begins next week, with the arrival of our back-to-school assortment.

Based on strong business in June, we are raising our second quarter earnings guidance to $0.34 to $0.35 per share, representing 55 to 59% earnings growth over $0.22 per share from continuing operations last year.

Thank you for your continued interest in American Eagle Outfitters.

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