A legal settlement made the quarter look great, but investors saw right through it to the rising costs underneath.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
American Eagle Outfitters Inc (AEO) reports a 10% revenue increase, driven by Aerie's 34% growth, while navigating challenges in women's bottoms and macroeconomic uncertainties.
American Eagle Outfitters (NYSE:AEO) reported first-quarter revenue growth and operating income ahead of its guidance, as continued momentum at Aerie and OFFLINE offset weaker trends in parts of the namesake American Eagle brand. Executive Chairman and Chief Executive Officer Jay Schottenstein said
This quarter reflected the strength of our portfolio, the power of Aerie and work underway at American Eagle. This value is seen in strong engagement across the portfolio where our product and brand message continues to resonate with both new and existing customers.
Young adult apparel retailer American Eagle Outfitters (NYSE:AEO) will be reporting results this Thursday afternoon. Here’s what to look for.
Quarterly results from Dollar Tree, American Eagle and Burlington may provide clues on the health of consumers.