Charles Payne In The Media

Charles Payne's Regular Media Appearances
Charles is featured on the Fox Business Network Monday-Friday at 2 PM ET on "Making Money with Charles Payne". He is a member and occasional host of "Varney & Co". In addition, he guest-host several shows including "Cavuto on Business" and "Your World".

The "Making Money with Charles Payne" show can also be heard on channel 113 on Sirius radio.

Friday, March 19, 2010

American Eagle May Catch Tailwinds

Barron’s

Shares of American Eagle Outfitters (ticker: AEO) are back in fashion.

On Wednesday morning, the teen-apparel retailer reported that fiscal fourth-quarter profits soared 81% on improved sales and growing margins. The company also said it expected that first-quarter profit would be between 15 and 17 cents, ahead of analysts' midpoint expectations of 15 cents.

A large overhang on the stock, American Eagle's ill-fated Martin+OSA brand, has finally been removed as the company also announced today that it is shuttering these operations. Wall Street Strategies' Brian Sozzi estimates that M&O could have cost the company as much as 15 cents per share in fiscal 2009, so the bounce in the core teen brands dovetails with management's renewed focus on its flagship and Aerie stores.

Link to full article: http://online.barrons.com/article/SB126817601719859011.html?mod=BOL_hpp_highlight

Posted by Brian Sozzi, Research Analyst

Charles' Fox Business Video Clips