American Eagle Stock Slumps as Earnings, Outlook Fall Short

Key TakeawaysAmerican Eagle shares were down sharply Thursday morning after the retailer's third-quarter results missed estimates.The apparel maker's fourth-quarter outlook also came in short of expectations as it released results after the bell Wednesday.CEO Jay Schottenstein said the company is entering the holiday shopping season "well positioned," but noted sales could struggle in the non-holiday shopping periods of Q4. Shares of American Eagle Outfitters (AEO) slumped Thursday morning after the clothin ...