PITTSBURGH--(BUSINESS WIRE)--American Eagle Outfitters, Inc. (NYSE: AEO) today announced that fourth quarter-to-date comparable sales, through Saturday, January 4, 2025, are up in the low single digits, tracking ahead of recent guidance of positive 1%. Trends across American Eagle and Aerie were positive. As a result, the company is raising its fourth quarter outlook, with operating profit expe...
True Religion has new owners after the jeans company made a comeback in the aftermath of two bankruptcy filings. The Y2K-era jeans brand, now an urban staple and popular in the hip hop community, was acquired by private equity firm ACON Investments and SB360 Capital Partners, which is chaired by American Eagle CEO Jay Schottenstein.
I maintain a buy rating for American Eagle Outfitters stock, expecting $738 million in EBITDA for FY25. Despite a disappointing 4Q24 EBIT guide, underlying demand remains strong, with one-off headwinds like FX and hurricanes impacting results. Positive demand trends and strong holiday season performance suggest AEO will meet or exceed its FY24 guidance, supported by Bloomberg alternative data.
PITTSBURGH--(BUSINESS WIRE)--American Eagle Outfitters, Inc. (NYSE: AEO) announced a quarterly cash dividend of $0.125 per share. The dividend was declared on December 10, 2024 and is payable on January 24, 2025 to stockholders of record at the close of business on January 10, 2025. About American Eagle Outfitters, Inc. American Eagle Outfitters, Inc. (NYSE: AEO) is a leading global specialty r...
American Eagle Outfitters (NYSE: AEO), which sells men's and women's apparel and accessories under the American Eagle, Tailgate, Todd Snyder, and Aerie brands, fell 13% (after hours) on 4th December, as compared to a 0.6% increase in the S&P 500 index. In comparison, AEO's peer Abercrombie & Fitch (NYSE: ANF) fell 1% on the same day.
Shares of apparel company American Eagle Outfitters (AEO -15.09%) plunged on Thursday after the company reported financial results for its fiscal third quarter of 2024. Sales are slow and management said the one word that investors didn't want to hear.
American Eagle Outfitters, Inc.'s Q3 2024 results showed good revenue growth and OpEx leverage, but AEO but warned of a challenging Q4, causing a 15% stock drop. Despite 3% adjusted revenue growth, the slowest comp growth this quarter and higher markdowns indicate potential margin pressures and deceleration. SG&A expenses were well-controlled, with a significant $25 million reduction, mainly in...
American Eagle's stock falls 13% Thursday, and a J.P. Morgan analyst cuts its rating to neutral.
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