Also, on the inventory for Q4, is it due to timing or not? It's -- and I think you've seen the interview with Ken Pilot on it -- it's a new generation of shoppers, certainly outside the American Eagle target. Leveraging the success we've had making AE jeans number one in market share for 15 to year-olds according to NPD data we are building brand defining items in other select categories.
She was asked to leave due to a fallout and complaints about her behaviour towards officials. We have an MOU that we signed a few weeks ago.
Secondly, just on the guidance, what comp are you assuming in the guidance that you've given for fourth quarter? The store will be located in the downtown shopping district of Royal Oak, Michigan.
Can you just give us a sense for, without giving away the secrets, of course, where are -- where really are your biggest category or flow opportunities for the spring season? The 40 to 50 stores are for the AE brand only.
In the fourth quarter, we achieved strong sales results, yet we did not meet our initial plans. After their separation, he said that it "took guts to represent yourself at the High Court", and that he was proud of his daughter, even though he thought she would be "torn to shreds" by McCartney's lawyers.
The words beside the boxes read: Near-term opportunities line the knit area including polos, graphics, fashion tees and tank tops. He was consistent, accurate and honest. Although our goal was to deliver higher earnings growth for the quarter, we managed the business well through a period that was less robust than we planned.
In closing, as we announced in a press release yesterday, I would like to say how thrilled we are to have Kathy Savitt joining the AE team as our new Chief Marketing Officer.
Just a couple of questions on the inventory, it looks like the timing of receipts, Susan, may be driving the inventory levels to higher than expected levels or perhaps higher than what we think comps might be in the upcoming quarters.
Maybe that would be helpful if you could give us that again for Q4, or for next year? And also could you review your go-forward guidance? And then one quick one for Joan. We look at opportunity, some of the operating expense leverage that we got this quarter was related to professional fees.
Journelle currently has four locations, three in New York and one in Chicago. So for the year last year, we leveraged 50 basis points, after investing in all of these growth initiatives, and we feel that that is a strong operating margin performance, and go forward, we expect light leverage with these costs in there at a mid-single digit.
Quite honestly we had a better fall sweater assortment than holiday sweater assortment because we had the fashion basics, the really key item drivers that our girls, like a no-brainer she pops on her sweater like a T-shirt and we had that in the fall and didn't reflect that same kind of strength in holiday and it is that kind of thing that we need to be thinking about.
The window broke and her brother had to be taken to hospital, where their father explained that the boy had fallen on some glass in the garden.
Operator Your next question comes from Adrienne Tennant from Wedbush. I guess for Susan, could you give us a little color on what you think the shift to more intimates means in terms of comps, as we look at AURs versus units per transaction?
Yu Chung is forced into the street by store owner Mei Hsueh Image: But I regret to have to say I cannot say the same about the wife's evidence. I had a team there just recently. She admitted she had a problem and said it was because she'd been forced to lie as a child by her father".
And then the other piece of it is, the loungewear piece of intimates is very important because it really embodies the spirit of our brand, and from the beginning when we entered the intimates business what we call AE dormwear, definitely defines our girl's lifestyle when we think of her in the dorm room after school studying, all that kind of thing.
The good business plan must include executive summary. I'm obviously noting that you had very strong gross margins last year in the first half and then they weakened a little bit in the second half, but the markdowns situation I would think is normalizing, if you will, and if you could just help us understand that whole dynamic, it would be very helpful.
The Essential Keys to a Lifetime of Wellbeingas it contradicted many of her claims, such as when she praised McCartney for "Bringing me breakfast in bed every morning, no matter how he feels, and I do the dinner, so we've got that agreement.
Do you want me to take pieces. The results actually realized may differ materially from those expectations or beliefs based on risk factors included in the management's discussion and analysis sections of our quarterly and annual reports filed with the SEC.
One is, will you give comps month-to-date in November? So if you can kind of cover the accounting treatment? An embarrassed Yu Chung bears all in public Image: Turning now to our margin performance, our gross margin of Susan, first of all, I was hoping you could touch a little bit more on intimates.
And that -- what that means, our denim is a great example. Units per transaction increased slightly during the quarter.Susan McGalla - American Eagle Outfitters, Inc. - Chief Merchandising Officer, President AE Brand Okay, good. I think that is great question, actually, John, and I'll cover the front part of that question and turn it over to my compadres for the accounting piece.
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