American Eagle Outfitters (AEO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this teen clothing retailer have returned -8.8%, compared to the Zacks S&P 500 composite's +4.9% change. During this period, the Zacks Retail - Apparel and Shoes industry, which American Eagle falls in, has gained 0.9%. The key question now is: What could be the stock's ...

Morsa Images American Eagle Outfitters' (NYSE:AEO) 2Q24 results were in line with the company's guidance. Comparables grew 4%, and absolutes grew above that (thanks to an extra back-to-school week). Lower markdowns and higher AURs have been expanding the company's margins. My thesis about AEO has not changed much since my last article in May. AEO is a leading fast-fashion retailer with no financial leverage and an effective assortment strategy that is providing growth in this challenging economic contex ...

Morsa Images/DigitalVision via Getty Images Summary Following my coverage on American Eagle Outfitters (NYSE:AEO) in June 2024, in which I recommended a hold rating due to my expectation that the stock will remain under pressure given the visible margin headwinds and that the valuation was not attractive, this post is to provide an update on my thoughts on the business and stock. I am upgrading my rating from hold to buy as I see a tactical opportunity to make ~7% returns over the next few months if AEO can ...

American Eagle Outfitters, Inc. (AEO) remains well-poised to tap the positive trends in the fashion arena, thanks to its digital endeavors and other robust strategies, including the Powering Profitable Growth plan. The company is gaining from immense brand strength and sturdy demand for its products that resonate well with the customers. American Eagle's brand strength and gains from progress on its Powering Profitable Growth strategy have been bolstering its performance for a while. Its earnings beat the Z ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q EXCHANGE ACT OF 1934 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES For the quarterly period ended August 3, 2024 OR EXCHANGE ACT OF 1934 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES Commission File Number: 1-33338 American Eagle Outfitters, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware No. 13-27 ...

American Eagle Outfitters, Inc. (AEO) reported second-quarter fiscal 2024 results, wherein earnings beat the Zacks Consensus Estimate while revenues lagged the same. The bottom and top lines increased year over year, driven by brand strength and gains from progress on its Powering Profitable Growth strategy. The quarter highlighted the company’s sixth straight quarter of record revenues. AEO has been managing costs efficiently.The company’s earnings of 39 cents per share increased 56% from the year-ago quar ...

American Eagle Outfitters, Inc. (NYSE:AEO) Q2 2024 Earnings Conference Call August 29, 2024 11:00 AM ET Company Participants Judy Meehan - Senior Vice President, Corporate Communications & IR Jay Schottenstein - Executive Chairman & CEO Jen Foyle - President, Executive Creative Director for AE and Aerie Mike Mathias - CFO Conference Call Participants Adrienne Yih - Barclays Matthew Boss - JP Morgan Jay Sole - UBS Dana Telsey - The Telsey Advisory Group Paul Lejuez - Citi Jonna Kim - TD Cowen Janet Kloppenbu ...

Key TakeawaysAmerican Eagle Outfitters posted weaker-than-expected revenue and guidance as sales at its secondary brands declined.The young adult clothing retailer gave a soft outlook for current quarter revenue and operating income.The company's shares were down on the news, and in the red for the year so far. Shares of American Eagle Outfitters (AEO) fell after the young adult clothing retailer’s sales missed forecasts and it gave a soft outlook for the current quarter as its smaller brands struggled.  T ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

American Eagle Outfitters (AEO) reported $1.29 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 7.5%. EPS of $0.39 for the same period compares to $0.25 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.3 billion, representing a surprise of -1.04%. The company delivered an EPS surprise of +2.63%, with the consensus EPS estimate being $0.38.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...