American Eagle Outfitters, Inc. Aktie News

American Eagle Outfitters' 2Q24 results met guidance, with comparables up 4% and margins expanding due to lower markdowns and higher AURs. AEO's valuation has dropped 15%, now trading at an EV/NOPAT of 10x for FY24, reflecting a fair but not opportunistic valuation. The company is effectively managing inventory and assortment, showing growth in a challenging macro environment.

Upgraded American Eagle Outfitters to a buy rating, expecting ~7% returns due to strong SSSG and attractive valuation. 2Q24 earnings showed solid performance with $1.29 billion in net sales and a 4% SSSG, indicating potential for strong top-line growth in 2H24. Valuation at 5x forward EBITDA presents a tactical opportunity, with expected EBIT margin expansion in 2H24 likely to drive stock re-ra...

American Eagle Outfitters, Inc. (NYSE:AEO ) Q2 2024 Earnings Conference Call August 29, 2024 11:00 AM ET Company Participants Judy Meehan - Senior Vice President, Corporate Communications & IR Jay Schottenstein - Executive Chairman & CEO Jen Foyle - President, Executive Creative Director for AE and Aerie Mike Mathias - CFO Conference Call Participants Adrienne Yih - Barclays Matthew Boss - JP M...

Shares of American Eagle Outfitters (AEO) fell after the young adult clothing retailer's sales missed forecasts and it gave a soft outlook for the current quarter as its smaller brands struggled.

American Eagle Outfitters Inc. (NYSE:AEO) shares slipped after the clothing retailer's quarterly sales came in short of estimates. For the second quarter, revenue was a record $1.29 billion, up 8% year-over-year but shy of estimates of $1.31 billion.

American Eagle delivered mixed quarterly results that beat Wall Street's profits expectations but fell short of its sales targets. The longtime mall brand, which also runs the Aerie intimates line, saw profits grow by nearly 60% as costs begin to tick down for the company.

PITTSBURGH--(BUSINESS WIRE)--American Eagle Outfitters, Inc. (NYSE: AEO) today announced financial results for the second quarter fiscal 2024 ended August 3, 2024. “Our Powering Profitable Growth strategy is off to a great start, locking in a strong first half and setting us on track to achieve the high end of our prior operating profit outlook for 2024. The second quarter marked our sixth cons...

American Eagle Outfitters (NYSE: AEO), which sells men's and women's apparel and accessories under the American Eagle, Tailgate, Todd Snyder, and Aerie brands, is scheduled to report its fiscal second-quarter results on Thursday, August 29. We expect the stock to see little to no movement with both revenues and earnings matching expectations in the upcoming second-quarter results.