American Eagle Q2 sales improve 8 percent

American Eagle Outfitters, Inc. (AEO) reported EPS of 38 cents for the second quarter ended August 3, 2019 compared to 34 cents for the same quarter last year. The company said, excluding restructuring charges of 1 cent, adjusted EPS was 39 cents. Total net revenue for the quarter increased 76 million dollars or 8 percent to 1.04 billion dollars including 40 million dollars for Japan license royalties. Consolidated comparable sales increased 2 percent, following a 9 percent comparable sales increase last year.