American Eagle Outfitters Inc. reported sales results for the month, third quarter and year to date ended October 31, 2009. For the month, the company's total sales decreased 5% to $195.1 million, compared to $204.8 million for the four weeks ended November 1, 2008. Comparable store sales decreased 5% for the month, compared to a 12% decrease for the same period last year. Total sales for the third quarter ended October 31, 2009 decreased 1% to $749.0 million, compared to $754.0 million for the third quarter ended November 1, 2008. Comparable store sales decreased 4% for the third quarter compared to a 7% decline for the same period last year. Total sales for the nine month year-to-date period ended October 31, 2009 decreased 3% to $2.019 billion, compared to $2.083 billion for the nine months ended November 1, 2008. Comparable store sales decreased 8% for the year-to-date period compared to a 7% decline for the same period last year. Management expects third quarter non-GAAP earnings to be $0.20 to $0.21 per diluted share, which excludes an expected tax benefit of approximately $0.07 per diluted share associated with the repatriation of earnings from Canada. This compares to third quarter non-GAAP earnings of $0.30 per diluted share last year, which excluded a $0.09 per share other-than-temporary impairment charge related to auction rate securities. Previous third quarter non-GAAP earnings guidance was $0.19 to $0.21 per diluted share which excluded a tax benefit of approximately $0.05 per diluted share associated with the repatriation of earnings from Canada.

American Eagle Outfitters, Inc., Q3 2010 Earnings Call, Nov-24-2009

American Eagle Outfitters Inc. announced plans to open its store in Times Square. The 25,000 square foot store is located at 1551 Broadway, at 46th Street. It features four levels of shopping, including dedicated floors for AE denim, as well as aerie, the company's intimates and dormwear brand. The American Eagle Outfitters Times Square store will feature exclusive AE product not available anywhere else in the world. This includes more fashion forward merchandise, such as outerwear in faux fur and leather, sequin-embellished tops, and graphic t-shirts designed by New York graffiti artists. The Times Square assortment will also include a collection of premium denim and an expanded footwear selection. The store design is completely new, featuring an eclectic combination of materials, from wood to brushed metal to polished concrete, as well as oversized subway tiles and custom lighting throughout. The rooms are more delineated, creating an intimate experience that optimally showcases the product and brand. Elements such as 15-foot ceilings and a 13-foot video wall add dramatic impact. The LED screens will feature content 18 hours per day.