American Eagle Outfitters, Inc. Stock News

American Eagle Outfitters (AEO -4.13%) stock slid 6.4% through 10:50 a.m. ET Wednesday after preannouncing sales broadly in line with expectations, but warning of worse times to come.

American Eagle Outfitters Inc (NYSE:AEO) stock is down 5.7% at $11.99 this morning, after the apparel retailer withdrew its 2025 guidance “due to macro uncertainty.

Shares of apparel retailer American Eagle Outfitters (AEO) dropped in extended trading Tuesday after the company pulled its 2025 outlook, saying its first-quarter results were "clearly" disappointing.

American Eagle Outfitters scrapped its outlook for the year, stating that macroeconomic uncertainty has made it too difficult to predict consumer spending.

American Eagle withdrew its 2025 guidance and said it was taking $75 million in write offs related to spring and summer merchandise. The retailer said it expected comparable sales in the fiscal first quarter to fall 3%, while it anticipates overall sales will drop 5%.

Merch strategies “did not drive the results we anticipated,” teen and young-adult favorite American Eagle says.

Higher-than-planned markdowns and a $75 million write-off of spring and summer merchandise weighed on profitability.

PITTSBURGH--(BUSINESS WIRE)--American Eagle Outfitters, Inc. (NYSE: AEO) today reported preliminary financial results for the first quarter ended May 3, 2025. For the first quarter of 2025, revenue is expected to be approximately $1.1 billion, which represents a decline of roughly 5% compared to the first quarter of last year. Comparable sales are expected to be down approximately 3%, with Amer...