American Eagle forecasts annual comparable sales growth above estimates

Reuters

03/05

March 4 (Reuters) - American Eagle Outfitters AEO.N forecast annual sales above Wall Street estimates on Wednesday, backed by marketing-driven demand for its apparel and accessories.

The company expects annual comparable sales to rise in the mid-single-digit percentage range, compared to analysts' estimates of a 2.92% rise, according to data compiled by LSEG.

(Reporting by Sanskriti Shekhar in Bengaluru; Editing by Alan Barona)

((Sanskriti.Shekhar@thomsonreuters.com))

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