American Eagle Outfitters Inc. (AEO) is an American clothing and accessories retailer, headquartered in the Southside Works Neighborhood of Pittsburgh, Pennsylvania. It was founded in 1977 by brothers Jerry and Mark Silverman as a subsidiary of Retail Ventures, Inc., a company which also owned and operated Silverman's Menswear. The Silvermans sold their ownership interests in 1991 to Jacob Price of Knoxville, TN. American Eagle Outfitters is the parent company of Aerie and formerly of 77 kids. The brand targets male and female college students, with 949 American Eagle Outfitters stores and 97 stand-alone and 67 side-by-side Aerie stores. In 1977, the first American Eagle Outfitters store opened in Twelve Oaks Mall in Novi, Michigan. Some of the brand's popular products are low-rise jeans, polo shirts, graphic T-shirts, sweatpants, henley shirts, boxers and briefs, outerwear, and swimwear.
Reported after close today (5/18/16) Earnings: EPS $0.22 Revenue $749M Estimates: EPS $0.18 Revenue $731M Up 14.55% after hours
Analyst Upgrade/Downgrade Update Brokerage firm: Wolfe Research Change: Downgrade Previous Rating: Outperform Current Rating: Peer perform Previous Price Target: N/A Current Price Target: $27
Analyst Upgrade/Downgrade Update Brokerage firm: FBR & Co Change: Downgrade Previous Rating: Outperform Current Rating: Market Perform Previous Price Target: $22 Current Price Target: $19
Aeropostale's Impact On American Eagle $AEO http://bit.ly/2h4X85e Anna Andreeva of Oppenheimer maintained a Perform rating on American Eagle with a $17 price target.
