American Eagle (AEO) announced that fourth quarter-to-date comparable sales, through Saturday, January 4, are up in the low single digits, tracking ahead of recent guidance of positive 1%. “As a top destination for holiday shopping, we achieved record sales in December. We came to market with exciting new product assortments and engaging customer experiences, resulting in growth across brands and selling channels,” commented Jay Schottenstein, AEO’s executive chairman of the board and CEO. “We also remain focused on driving operational efficiencies, putting us on track to deliver high-teens operating profit growth in 2024.”
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