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Consequently, American Eagle stock was down 14% as of 1:20 p.m. ET. Shares of apparel company American Eagle Outfitters (NYSE: AEO) plunged on Thursday after the company reported financial results ...
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.
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In 2011, the company opened ten new aerie stores [5] and had a 2% share of the lingerie market. [6] Aerie now has a total of 448 stores in North America. Aerie outperformed American Eagle's mainline brand during the second and third quarter in the 2013 fiscal year, despite a decline in store traffic. [6]
Shares of American Eagle popped in afternoon trading thanks to Q3 inventory improvements and better-than-expected sales.