USA: American Eagle Reveals Soaring Sales
Clothing giant American Eagle Outfitters Inc on Thursday announced that total sales for the five weeks ended January 5, 2002 increased 10.9 per cent to $256 million from $230.9m for the year ago period. Total sales for the five weeks ended January 5, 2002 include $17.2m from the Bluenotes/Thriftys operation. US same store sales for the five weeks ended January 5, 2002 increased 0.5 per cent compared to the corresponding five-week period last year.