American Eagle sees sales starting to slow amid economic challenges for the retail customer
For all of 2024, American Eagle generated total net revenue of $5.3 billion, a 1% increase from the year before, with total comparable sales for the year up 4%, slightly above the 3% of the year before. Comp sales for women's intimates retailer Aerie increased 5% last year while American Eagle's increased 3%.
American Eagle Shares Decline Amid 1Q Slowness, Larger Economic Uncertainty
Analysts at Jefferies say American Eagle should see lower operating income as gross margins come under pressure due to soft demand trends. The clothing-and-accessories company behind the American Eagle and Aerie brands forecast margins to decline year over year both in the first quarter and for the year.
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American Eagle Outfitters FY profit jumps, sounds warning on slow ’25 startAmerican Eagle Outfitters (AEO) has reported record revenue and strong operating profit growth in 2024, posting a successful ...
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American Eagle Outfitters, Inc. (NYSE:AEO – Get Free Report) fell 2% on Friday after Bank of America lowered their price target on the stock from $18.00 to $13.00. Bank of America currently has a ...
American Eagle Outfitters, Inc. operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care ...
American Eagle is on track with its Powering Profitable Growth plan and remains committed to amplifying brands, optimizing operations and executing the financial discipline. AEO’s profit ...
American Eagle Outfitters (NYSE:AEO – Get Free Report) had its target price lowered by equities researchers at Telsey ...
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