American Eagle Outfitters, Inc. provided earnings guidance for fourth quarter of 2021. Fueled by strong demand and positive pricing, AEO expects record fourth quarter revenue with growth in the mid-to-high teens compared to fourth quarter 2020, and up in the mid-teens from the fourth quarter of 2019. Operating income is expected to be in the range of $90 to $100 million including approximately $80 million in higher freight costs, due to supply chain disruptions as discussed in November.

The fourth quarter profit outlook reflects significant progress and meaningful growth compared to the fourth quarter of 2019.