American Eagle Outfitters Drops 8% As Quarterly Sales Fall Shy Of Consensus

Shares of American Eagle Outfitters, Inc. (AEO) are down more than 8% Thursday morning after the lifestyle, clothing, and accessories retailer’s second-quarter sales missed view. Revenue for the quarter increased 35% year-over-year to $1.194 billion, but fell short of the average estimate of 11 analysts polled by Thomson Reuters at $1.23 billion. The company reported… Continue reading American Eagle Outfitters Drops 8% As Quarterly Sales Fall Shy Of Consensus