American Eagle Outfitters Inc. (NYSE:AEO), the fashion retailer, is hoping a strong set of quarterlies can help it continue on the positive run it has.
American Eagle Outfitters on
Wednesday missed Wall Street estimates for quarterly revenue as
sticky inflation hurt consumer demand for its apparel and
accessories often sold at full price. .
Record first quarter revenue of $1.1 billion, rising 6% to last year
Operating profit of $78 million exceeded guidance
Aerie achieved all-time high first quarter revenue with comps up.
WASHINGTON (dpa-AFX) - American Eagle Outfitters Inc. (AEO) reported earnings for its first quarter that increased from last year and beat the Street estimates.The company's earnings came in at