American Eagle Q3 revenue slips 1% as GAAP EPS falls to $0.41 from $0.49
American Eagle Outfitters reported third-quarter fiscal 2024 results for the 13 weeks ended November 2, 2024. Total net revenue fell 1% to $1.3 billion and GAAP diluted earnings per share fell to $0.41 from $0.49, while total comparable sales rose 3%. The company updated its annual outlook, now projecting fiscal 2024 adjusted operating income of $428 million to $433 million, and it expects fourth-quarter total revenue to fall 4%.
Key points
- Total net revenue of $1,289 million fell 1% from $1,301 million; total comparable sales rose 3%.
- GAAP operating income was $106 million versus $125 million a year earlier; adjusted operating income was $124 million.
- Fourth-quarter operating income is expected at $125 million to $130 million, with total revenue down 4%.
- Fiscal 2024 adjusted operating income is expected at $428 million to $433 million, compared with $375 million in 2023.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 04, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.