American Eagle Outfitters posts rise in operating income

American Eagle Outfitters, Inc. (AEO) reported GAAP operating income of 4 million dollars for the fourth quarter compared to 0.5 million dollars for the same quarter last year. The company’s adjusted operating income was 106 million dollars compared to 77 million dollars in last year’s fourth quarter. Fourth quarter GAAP EPS was 2 cents compared to 3 cents last year and adjusted EPS reached 39 cents this year compared to 37 cents last year.