Wednesday, March 01, 2006

American Eagle Outfitters Reports Higher Profit

American Eagle Outfitters Inc. (AEOS) reported fourth quarter earnings that rose to 71 cents per share from 66 cents per share in the year ago period. The casual teen retailer also reported same store sales growing 6% in February prompting the company to lift its first quarter earnings forecast. The stock price climbed $3.44 to close at $28.91.

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