American Eagle Outfitters, Inc. (AEO) Is a Trending Stock: Facts to Know Before Betting on It
American Eagle (AEO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
AEO Stock Drops 7% in a Month: Is This an Opportune Time to Buy?
American Eagle is poised for growth, driven by its brand strength, digital endeavors and other robust strategies, including the Powering Profitable Growth plan.
Investors Heavily Search American Eagle Outfitters, Inc. (AEO): Here is What You Need to Know
American Eagle (AEO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
American Eagle Outfitters Q2 2024 Finds It More Attractively Valued, But Still Only Fair
American Eagle Outfitters' 2Q24 results met guidance, with comparables up 4% and margins expanding due to lower markdowns and higher AURs. AEO's valuation has dropped 15%, now trading at an EV/NOPAT of 10x for FY24, reflecting a fair but not opportunistic valuation. The company is effectively managing inventory and assortment, showing growth in a challenging macro environment.
American Eagle Outfitters: Rating Upgrade As Valuation Has Come Down
Upgraded American Eagle Outfitters to a buy rating, expecting ~7% returns due to strong SSSG and attractive valuation. 2Q24 earnings showed solid performance with $1.29 billion in net sales and a 4% SSSG, indicating potential for strong top-line growth in 2H24. Valuation at 5x forward EBITDA presents a tactical opportunity, with expected EBIT margin expansion in 2H24 likely to drive stock re-rating.
Here's Why American Eagle Outfitters (AEO) is a Strong Growth Stock
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American Eagle's Brands & Growth Efforts Seem Good: Apt to Hold Stock
AEO's strategic efforts, including the Powering Profitable Growth plan, appear encouraging. Its brands are also doing well.
American Eagle Outfitters, Inc. (AEO) is Attracting Investor Attention: Here is What You Should Know
American Eagle (AEO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
American Eagle Q2 Earnings Beat Estimates, Stock Down on Revenue Miss
AEO posts revenue miss in second-quarter fiscal 2024. It anticipates operating income to be in the range of $120-$125 million for the fiscal third quarter.
American Eagle Outfitters, Inc. (AEO) Q2 2024 Earnings Call Transcript
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 Kloppenburg - JJK Research Chris Nardone - Bank of America Marni Shapiro - Retail Tracker Corey Tarlowe - Jefferies Alex Straton - Morgan Stanley Operator Greetings, and welcome to the American Eagle Outfitters Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
A Sales Miss and Weak Outlook Have American Eagle Outfitters Stock Sliding Today
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.
American Eagle Outfitters shares slip on Q2 sales miss
American Eagle Outfitters Inc. (NYSE:AEO) shares slipped after the clothing retailer's quarterly sales came in short of estimates. For the second quarter, revenue was a record $1.29 billion, up 8% year-over-year but shy of estimates of $1.31 billion.
