×
1 098
Fashion Jobs
LEVI'S
Mobile App Trading & Operations Manager
Permanent · London
BLACK PR
Sales Account Manager
Permanent · LONDON BOROUGH OF HACKNEY
ESTÉE LAUDER
Clinique - Consultant - Boots, Inverness - 18 Hours - Part Time, Permanent
Permanent · Inverness
RELY RECRUITMENT
Head of Finance / Finance Manager
Permanent · LONDON
LEVI'S
Performance Marketing Manager
Permanent · London
ESTÉE LAUDER
la Mer - Business Manager - Bentalls, Kingston - 22.5 Hours / 4 Days - Part Time, Permanent
Permanent · Kingston upon Thames
SHISEIDO
Ecommerce Manager - Nars, Shiseido & Drunk Elephant
Permanent · London
VANS
Account Coordinator - Dutch Speaking - Vans
Permanent · NOTTINGHAM
ESTÉE LAUDER
The Estée Lauder Companies - CRM And Loyalty Manager
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Bluewater - 25.5 Hours - Part Time, Permanent
Permanent · Dartford
ESTÉE LAUDER
Clinique - Consultant - Boots - Metro, Gateshead - 21 Hours - Part Time, Permanent
Permanent · Gateshead
ESTÉE LAUDER
Director, Global Social Marketing
Permanent · London
ESTÉE LAUDER
Tom Ford - Business Manager - John Lewis, Milton Keynes - 37.5 Hours, Days - Full Time, Permanent
Permanent · Milton Keynes
SHISEIDO
Nars Account Manager, Fenwick Bond Street (37.5 Hours)
Permanent · London
LIBERTY LTD
Sales Manager
Permanent · LONDON
LIBERTY LTD
Retail Security Officer
Permanent · LONDON
VF INTERNATIONAL
Inbound Logistics Analyst - 12 Month Ftc
Permanent · COALVILLE
VF INTERNATIONAL
Warehouse Trainer
Permanent · COALVILLE
VF INTERNATIONAL
dc Team Leader
Permanent · COALVILLE
ESTÉE LAUDER
Clinique - Consultant - Boots, White City London - 35 Hours - Full Time, Permanent
Permanent · London
ESTÉE LAUDER
la Mer - Business Manager - Harvey Nichols, Birmingham - 37.5 Hours / 5 Days - Full Time, Permanent
Permanent · Birmingham
ESTÉE LAUDER
Regulatory Scientist - Global Ingredients Compliance
Permanent · Petersfield
By
Reuters
Published
May 23, 2012
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

American Eagle shares fall early after outlook

By
Reuters
Published
May 23, 2012


Photo: American Eagle
American Eagle Outfitters Inc's tepid profit forecast for the year overshadowed a bigger quarterly profit that came on higher sales from a new line of clothes.

The retailer, whose prices are between those of high-end rival Abercrombie & Fitch Co more affordable Aeropostale Inc, said on Wednesday it would earn between $1.16 and $1.22 a share in the year after adjusting for losses from its 77kids unit.

Analysts, on average, expected earnings of $1.18 per share, according to Thomson Reuters I/B/E/S.

Its shares traded down 2.5 percent at $19.30 before the markets opened. They closed at $19.79 Tuesday on the New York Stock Exchange.

The first quarter is typically clearance season as retailers try to unload unsold items from the holidays.

This year, however, many clothing retailers sold closer to full price as wardrobes were updated for spring break and an early summer.

American Eagle said earlier this month that first-quarter sales rose 18 percent to $719 million.

For the first quarter ended April 28, it earned $39.7 million, or 20 cents a share, compared with $28.3 million, or 14 cents a share, in the same period last year.

American Eagle has been sprucing up its merchandise and supply system under new Chief Executive Robert Hanson so it can change its clothing lines faster and keep up with its young clientele.

Hanson also decided to shut the underperforming 77kids and look for a new chief financial officer for the company -- moves praised by analysts.

Abercrombie and Aeropostale saw sales rise 10 and six percentages respectively, on lower profits.

© Thomson Reuters 2022 All rights reserved.