American Eagle Outfitters (AEO) closed the most recent trading day at $17.18, moving -0.35% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.61%. On the other hand, the Dow registered a gain of 0.3%, and the technology-centric Nasdaq increased by 1.28%.The teen clothing retailer's shares have seen an increase of 4.42% over the last month, surpassing the Retail-Wholesale sector's gain of 2.32% and the S&P 500's gain of 2.08%.The investment community will be ...

Shares of American Eagle Outfitters, Inc. (AEO) have risen 11.3% after it reported robust comparable sales (comps) from the start of the fourth quarter fiscal 2024  through Jan. 4, 2025, which increased in the low-single digits, ahead of its outlook of 1% growth. The company benefited from positive trends across American Eagle and Aerie brands during the holiday season.AEO witnessed record sales in December, benefiting from great product assortments and engaging customer experiences. As a result, management ...

American Eagle Outfitters, Inc. (AEO) is benefiting from its digital endeavors and other robust strategies, including the Powering Profitable Growth Plan. The company is gaining from brand strength and solid demand for its products that resonate well with customers. Buoyed by such tailwinds, management has announced sturdy holiday results. AEO witnessed record sales in December, benefiting from great product assortments and engaging customer experiences. Management raised its view for the fourth quarter of ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:agilon health, inc. (AGL) is a healthcare service company. The Zacks Consensus Estimate for its current year earnings has been revised 34.8% downward over the last 60 days.American Eagle Outfitters, Inc. (AEO) is a multi-brand specialty retailer company. The Zacks Consensus Estimate for its current year earnings has been revised 5.6% downward over the last 60 days.Archrock, Inc. (AROC) is an energy infrastructure company.The Zacks Con ...

I recommended a buy rating for American Eagle Outfitters (NYSE: AEO ) in Sep’24, as I saw an opportunity that investors could make a quick return (7%) over a short period of time. True enough, AEO share price appreciated above myI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propens ...

Shares of apparel company American Eagle Outfitters (AEO -15.43%) 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. Consequently, American Eagle stock was down 14% as of 1:20 p.m. ET.Why investors got spooked todayIn Q3, which ended Nov. 2, American Eagle had total net revenue of nearly $1.3 billion. This was marginally down year over year even though same-store sales were ...

Long-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of the industries where they participate, and buying companies that we would like to hold independently of how the price moves in the future. Most QC calls will be holds, and that is by design. Only a very sm ...

Core Insights - American Eagle Outfitters' shares fell sharply after the company reported third-quarter results that missed analyst expectations and provided a fourth-quarter outlook that was also below expectations [1][2][3] Financial Performance - The company reported a year-over-year revenue decline of approximately 1% to $1.29 billion and a net income of $80 million, which is down nearly 20% from the previous year. Analysts had anticipated revenue of $1.3 billion and profits of $92.16 million [3] - After accounting for a nearly $13 million restructuring charge related to severance costs and the sale of its Hong Kong business, the adjusted net income was $93 million, surpassing the analysts' expectation of $91.54 million [4] Sales and Outlook - Comparable store sales grew by 3%, slightly below the expected 3.2% growth [5] - For the fourth quarter, the company guided comparable store sales to increase by 1%, while projecting a 4% decline in revenue, which is larger than the 3.8% drop that analysts had forecasted [6] Market Reaction - Following the earnings report, American Eagle's shares dropped by 13.3% to $17.81, marking a nearly 16% decline since the beginning of the year [7]

American Eagle Outfitters (AEO) reported $1.29 billion in revenue for the quarter ended October 2024, representing a year-over-year decline of 0.9%. EPS of $0.48 for the same period compares to $0.49 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.3 billion, representing a surprise of -1.19%. The company delivered an EPS surprise of +4.35%, with the consensus EPS estimate being $0.46.While investors closely watch year-over-year changes in headline numbers -- revenue and earnin ...

American Eagle Outfitters, Inc. (NYSE:AEO) Q3 2024 Earnings Conference Call December 4, 2024 4:30 PM ET Company Participants Judy Meehan - Senior Vice President, Corporate Communications and Investor Relations Jay Schottenstein - Executive Chairman and Chief Executive Officer Jennifer Foyle - President, Executive Creative Director, AE and Aerie Mike Mathias - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Boss - JP Morgan Paul Lejuez - Citigroup Angus Kelleher-Ferg ...