Replies to post #27681 on Coffee Sipping Big Board Stocks

[timhyma]

8:02AM American Eagle reports December same store sales of -17% vs. -11.9% Briefing.com consensus; lowers Q4 EPS guidance (AEO) 10.62 : December sales for the AE brand deteriorated from November and were well below the company's recent expectations. During key December holiday shopping periods, traffic and conversion were disappointing. The company is currently clearing through holiday merchandise and expects to enter the spring season with fresh inventories, consistent with its plan. Co is reducing its fourth quarter earnings guidance based on lower-than-expected December sales, a revised outlook for January, and increased markdowns. The current fourth quarter earnings expectation is a range of $0.19-0.21, which excludes any potential other-than-temporary impairment charge related to investment securities, down from prior guidance of $0.30-0.36, vs $0.32 First Call consensus