American Eagle Outfitters Swings to Q1 Adjusted Earnings, Revenue Rises; Shares Fall After Hours
MT Newswires Live
May 29
American Eagle Outfitters (AEO) reported fiscal Q1 adjusted earnings late Thursday of $0.14 per diluted share, swinging from the loss of $0.29 a year earlier.
Analysts polled by FactSet expected a $0.12 profit.
Revenue in the 13 weeks ended May 3 rose to $1.2 billion from $1.09 billion a year earlier.
Analysts surveyed by FactSet expected $1.18 billion.
The company expects mid-to-high single-digit comparable sales growth in Q2 and mid-single-digit growth in fiscal 2026.
American Eagle shares fell 11% in after-hours trading.
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