Investing.com -- American Eagle Outfitters (NYSE: AEO ) shares climbed 5.4% in premarket trading after the clothing retailer lifted its fourth-quarter operating profit outlook due to better-than-expected holiday sales.

The company now anticipates a fourth-quarter operating profit around $135 million. This is an increase from their previous forecast which was set between $125 million and $130 million.

Furthermore, American Eagle Outfitters reported that fourth-quarter comparable sales through January 4 have increased in the low single digits. This performance is surpassing their recent guidance of a 1% increase.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.