Overview
- Revenue reached $1.36 billion and adjusted EPS came in at $0.53, topping estimates as total comparable sales rose 4%.
- Management now forecasts fourth-quarter comparable sales growth of 8% to 9% and operating income of $155 million to $160 million.
- The full-year adjusted operating income outlook was raised to $303 million to $308 million.
- Aerie posted an 11% comparable-sales gain with roughly 13% revenue growth, while the American Eagle brand rose 1%.
- Shares jumped roughly 12% to 15% after the report, even as the company projected tariff headwinds of about $50 million in Q4 and $70 million for the fiscal year, and cited a record Thanksgiving weekend to start holiday trading.