American Eagle Outfitters, Inc. rose its fourth quarter outlook on Monday, on the back of solid holiday sales.

Fourth quarter-to-date comparable sales, through Saturday, January 4, rose in the low single digits, with trends across American Eagle and Aerie brands both positive.

American Eagle Outfitters now expects a fourth quarter comparable sales increase of approximately 2%, building on 8% growth last year. Operating profit is expected to be approximately $135 million, up from previous guidance of $125 million to $130 million.

Still, as previously announced, the retail calendar will have an adverse impact on total revenue, resulting in total revenue down approximately 5%.

“As a top destination for holiday shopping, we achieved record sales in December. We came to market with exciting new product assortments and engaging customer experiences, resulting in growth across brands and selling channels,” said Jay Schottenstein, AEO’s executive chairman of the board and chief executive officer. 

“We also remain focused on driving operational efficiencies, putting us on track to deliver high-teens operating profit growth in 2024.”