1723 ET - American Eagle scraps its full-year outlook as its preliminary 1Q report disappoints investors, sending shares tumbling 16% in post-market trading. The disclosure comes ahead of when most retailers are scheduled to report earnings, including apparel rivals Abercrombie & Fitch and Gap, scheduled to report May 28 and 29, respectively. Investors will be anxious to see whether American Eagle's warning is unique to the company, or if it will serve as an alarm ahead of other retailers. (connor.hart@wsj.com)
(END) Dow Jones Newswires
May 13, 2025 17:24 ET (21:24 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.