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American Eagle ( (AEO) ) has issued an announcement.
American Eagle Outfitters has announced an improved profit outlook for the fourth quarter of 2024, driven by better-than-expected holiday sales and growth across its brands, including American Eagle and Aerie. The company has revised its operating profit expectations to approximately $135 million, up from previous guidance, and has also reported significant shareholder returns through share repurchases and dividends.
More about American Eagle
American Eagle Outfitters, Inc. is a global specialty retailer known for its apparel brands like American Eagle, Aerie, OFFL/NE by Aerie, Todd Snyder, and Unsubscribed. The company focuses on casual, comfortable, and timeless clothing, operating stores in the United States, Canada, and Mexico, with merchandise available in over 30 countries through license partners, as well as a strong e-commerce platform.
YTD Price Performance: -1.89%
Average Trading Volume: 4,902,347
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.12B
For an in-depth examination of AEO stock, go to TipRanks’ Stock Analysis page.
