American Eagle Outfitters Inc (NYSE:AEO) stock is down 5.7% at $11.99 this morning, after the apparel retailer withdrew its 2025 guidance “due to macro uncertainty.
Shares of apparel retailer American Eagle Outfitters (AEO) dropped in extended trading Tuesday after the company pulled its 2025 outlook, saying its first-quarter results were "clearly" disappointing.
American Eagle withdrew its 2025 guidance and said it was taking $75 million in write offs related to spring and summer merchandise. The retailer said it expected comparable sales in the fiscal first quarter to fall 3%, while it anticipates overall sales will drop 5%.
Higher-than-planned markdowns and a $75 million write-off of spring and summer merchandise weighed on profitability.
American Eagle (AEO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
In the latest trading session, American Eagle Outfitters (AEO) closed at $11.17, marking a +1.27% move from the previous day.
Zacks.com users have recently been watching American Eagle (AEO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
American Eagle Outfitters (AEO) closed at $10.69 in the latest trading session, marking a +1.52% move from the prior day.
Whether they invest or not, most Americans are getting weary of tariff talk. Beyond the prospect of significantly higher prices, investors are unclear of what level of tariffs will be applied to which country.
American Eagle Outfitters (AEO) concluded the recent trading session at $11.04, signifying a -1.43% move from its prior day's close.
Recently, Zacks.com users have been paying close attention to American Eagle (AEO). This makes it worthwhile to examine what the stock has in store.
Recently, Zacks.com users have been paying close attention to American Eagle (AEO). This makes it worthwhile to examine what the stock has in store.