trending Market Intelligence /marketintelligence/en/news-insights/trending/wmAM47dEn4gWTQs254ordA2 content esgSubNav
In This List

American Eagle Outfitters fiscal Q2 profit climbs YOY

Blog

Navigating sanctions evasion − Trade analysis of high-priority goods exports to Russia

Podcast

MediaTalk | Season 2
EP 22 - Warner Bros. Discovery on the Summer Games and the World

Blog

Greater China M&A By the Numbers: Q4 2023

CASE STUDY

An Insurance Company Uses S&P Capital IQ Workbench to Uncover Insights from SEC Filings


American Eagle Outfitters fiscal Q2 profit climbs YOY

American Eagle Outfitters Inc. said its normalized net income for the fiscal second quarter ended Aug. 1 came to 16 cents per share, compared with the S&P Capital IQ consensus estimate of 14 cents per share.

EPS increased year over year from 4 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $31.8 million, a gain from $8.1 million in the prior-year period.

The normalized profit margin climbed to 4.0% from 1.1% in the year-earlier period.

Total revenue increased 12.2% year over year to $797.4 million from $710.6 million, and total operating expenses climbed 6.5% from the prior-year period to $744.3 million from $698.5 million.

Reported net income increased from the prior-year period to $33.5 million, or 17 cents per share, from $5.8 million, or 3 cents per share.