AEO Stock Recent News

These retailers have been increasing same-store sales while improving their profit margins

AEO's strategic efforts, including the Powering Profitable Growth plan, appear encouraging. Its brands are also doing well.

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 Morgan Jay Sole - UBS Dana Telsey - The Telsey Advisory Group Paul Lejuez - Citi Jonna Kim - TD Cowen Janet Kloppenburg - JJK Research Chris Nardone - Bank of America Marni Shapiro - Retail Tracker Corey Tarlowe - Jefferies Alex Straton - Morgan Stanley Operator Greetings, and welcome to the American Eagle Outfitters Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

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 consecutive quarter of record revenue and we successfully leveraged our cost base – advancing a number of.

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.

Beyond analysts' top -and-bottom-line estimates for American Eagle (AEO), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended July 2024.

Investors looking for stocks in the Retail - Apparel and Shoes sector might want to consider either American Eagle Outfitters (AEO) or Deckers (DECK). But which of these two stocks offers value investors a better bang for their buck right now?