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American Eagle soars with 19.9 percent increase in total sales

Specialty retailer American Eagle Outfitters reported yesterday that for the first quarter ended May 1 its total sales were $350 million, up 19.9 percent from the $291.9 million reported for the same quarter the previous year. Comparable store sales increased 9.8 percent. Net income for the quarter increased 292 percent to $24.1 million from a net income for the same quarter the previous year of $6.4 million.

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