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Sales and profits up at American Eagle

US firm American Eagle Outfitters has reported a 12% boost in sales to $797m (£509) for the 12 weeks to August 1, while operating profit soared 342% year-on-year to $53m (£34m) for the quarter.

The young fashion retailer, which has three stores in the UK- in Westfield London, Westfield Stratford and Bluewater in Kent- did not provide a breakdown for UK sales.

Mary Boland, American Eagle Outfitter’s chief financial officer, told WWD the businesses success was driven by stronger marketing and the strength of the overall collection, with positive comparisons across the board in both men’s and women’s tops as well as men’s and women’s bottoms.

For the third quarter, the business anticipates a mid-single-digit increase in comparable sales.

Jay Schottenstein, American Eagle Outfitters’ interim chief executive officer said: “The team is delivering exceptional execution, and our customers have taken notice of improvements to our merchandise and overall customer experience. Both American Eagle and Aerie delivered strong sales and earnings growth across channels.”

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