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American Eagle expects best first-quarter sales in three years on Aerie strength 03/03/2021 23:19 (Reuters) - American Eagle Outfitters Inc said on Wednesday it expects current-quarter revenue and operating income to surpass last two years numbers, betting on high-growth brand Aerie that sells work-from-home favorites lingerie and loungewear. Shares of the Pittsburgh-based apparel retailer rose more than 5% in after market trade, as the company also beat Wall Street expectations for fourth-quarter revenue and profit. We re seeing really good signs in terms of where we re headed for the quarter, Chief Executive Jay Schottenstein told analysts. The apparel retailer has been doubling down on investments in its Aerie brand, which includes comfortable leggings and bralettes, opening new stores and boosting its digital business.

United statesJay schottensteinShinjini ganguliNivedita baluAditi sebastianAmerican eagle outfitters incEagle outfitters incWall streetExecutive jay schottensteinஒன்றுபட்டது மாநிலங்களில்ஜெய் ஸ்கொட்டென்ஸ்டீன்ஷின்ஜினி கங்குலிநிவேதிதா பலுஅமெரிக்கன் கழுகு ஔட்‌ஃபிடர்ஸ் இன்க்கழுகு ஔட்‌ஃபிடர்ஸ் இன்க்சுவர் தெரு