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Fashion Jobs
NIKE
India Sports Marketing Manager
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Manager - Accounts Payable
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PUMA
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Permanent · Bengaluru
NIKE
Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
PUMA
Manager – Customer Reconciliation And Accounts
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Warehouse Manager-Offline Business
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NIKE
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PVH
Manager, Business Solutions
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Senior Product Manager - Enterprise Service Management (Esm), India – Tech Ops Icc
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
NIKE
Senior Security Engineer, India – Cis Icc
Permanent · Bengaluru
SHAYA BY CARATLANE
Merchandiser & Planner
Internship · MUMBAI
NIKE
Senior Software Engineer Iii, India – Marketing Technology Icc
Permanent · Bengaluru
NIKE
Talent Acquisition Coordinator – India, Icc
Permanent · Bengaluru
SS HOMME - SARAH & SANDEEP
Marketing And PR Intern
Internship · MUMBAI
TARAMA
Graphic Designer
Internship · MUMBAI
MASAR GROUP
IT Support
Permanent · DUBAI
NIKE
Sap Security Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
By
Reuters
Published
Jun 6, 2019
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American Eagle sales beat on strong demand for jeans, Aerie lingerie

By
Reuters
Published
Jun 6, 2019

American Eagle Outfitters Inc beat Wall Street estimates for quarterly same-store sales on Wednesday, helped by growing demand for its jeans and Aerie line of lingerie, sending its shares up more than 7% in trading before the bell.


Aerie



Aerie’s focus on comfortable innerwear for women of all body types has strongly resonated with young shoppers who have struggled to find similar products at rival brands, including Victoria Secret’s Pink.

A resurgence in 90s fashion trends in the United States has also bolstered sales of its American Eagle brand, whose stretchy and distressed jeans are a big hit with the college crowd.

The company’s same-store sales rose 6% in the first quarter ended May 4, beating analysts’ average estimate of a 3.13% increase, according to IBES data from Refinitiv.

Same-store sales at Aerie rose 14% in the quarter.

Net income rose to $40.8 million, or 23 cents per share, from $39.9 million, or 22 cents per share, a year earlier.

Total net revenue rose 7.7% to $886.3 million, beating analysts’ estimates of $855.6 million.

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