American Eagle Outfitters Inc on Tuesday lowered its third quarter earnings forecast amid inconsistent store traffic in September.  

The teen fashion retailer said earnings are now expected to be in the range of $0.43 to $0.44 per share, down from earlier expectations of $0.45 to $0.46 per share.

This compares to earnings per share of $0.39 from continuing operations in the third quarter of last year.

The company said that same-store sales are up 11 per cent so far this month.