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Consequently, American Eagle stock was down 14% as of 1:20 p.m. ET. Sales are slow and management said the one word that investors didn't want to hear. Here's Why American Eagle Stock Plunged Today
Aerie sales could make this stock fly. For premium support please call: 800-290-4726 more ways to reach us
American Eagle reported quarterly earnings of 60 cents per share, which beat the estimate of 53 cents per share. The company reported quarterly revenue of $1.19 billion, which came in below the ...
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American Eagle Outfitters, Inc. is an American clothing and accessories retailer headquartered at SouthSide Works in Pittsburgh, Pennsylvania. It was founded in 1977 by brothers Jerry and Mark Silverman as a subsidiary of Retail Ventures, Inc. , a company that also owned and operated Silverman's Menswear.
In February 2006, American Eagle launched aerie lingerie, the company's first sub-brand. [2] The first stand-alone aerie store opened in August 2006 in Greenville, South Carolina [3] and was followed by two more test stores later that year. As of December 2010, there were 147 stand-alone aerie stores in the United States and in Canada. [4]
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Shares of American Eagle popped in afternoon trading thanks to Q3 inventory improvements and better-than-expected sales.
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