American Eagle raises annual revenue forecast on strong holiday-season demand
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American Eagle Outfitters (AEO) tops consensus, raises full-year revenue guidance
November 21, 2023 8:36 AM ESTAmerican Eagle Outfitters (NYSE: AEO) shares plunged more than 16% premarket on the back of its latest quarterly earnings despite topping consensus estimates and raising its annual revenue forecast.
The clothing retailer reported Q3 EPS of $0.49, $0.01 better than the analyst estimate of $0.48. Revenue was a record for the quarter, coming in at $1.3 billion, up 5% YoY and... More
