Overview

• Earnings per share came in at $0.45 versus $0.20 expected, with revenue of $1.28 billion topping the $1.24 billion consensus.
• Shares jumped roughly 24%–25% in extended trading after the results and were up nearly as much premarket.
• The company reinstated full-year guidance, projecting flat comparable sales for the year and low single-digit comp growth in both the third and fourth quarters.
• Comparable sales fell 1% in the quarter as American Eagle brand comps declined 3% and Aerie rose 3%.
• American Eagle completed a $200 million accelerated buyback, paid $21 million in dividends, ended with about $127 million in cash, and reported inventory of $718 million, while cautioning that tariffs could pressure operating income.