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American Eagle expects best first-quarter sales in three years on Aerie strength

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

American Eagle Outfitters Inc (AEO) Q4 2020 Earnings Call Transcript

American Eagle Outfitters Inc (AEO) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. American Eagle Outfitters Inc (NYSE: AEO) Popular Searches Operator Greetings, and welcome to the American Eagle Outfitters Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions] A brief question-and-answer session will follow the formal presentation. [Operator Instructions] It is now my pleasure to introduce your host, Judy Meehan. Thank you, Judy. You may begin. This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company s SEC filings. Pl

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Marvell Technology, Okta fall; Burlington, Colfax rise

Marvell Technology, Okta fall; Burlington, Colfax rise Follow Us Question of the Day Stocks that traded heavily or had substantial price changes Thursday: Marvell Technology Group Ltd., down $5.47 to $40.10. The chipmaker said it expects to deal with supply problems through 2022. TOP STORIES The cloud identity management company gave investors a surprisingly weak fiscal first-quarter earnings forecast. Splunk Inc., down $3.72 to $139.47. A slide by the broader technology sector dragged down the software company, despite its solid fourth-quarter financial report. American Eagle Outfitters Inc., up $2.26 to $27.69. The teen clothing retailer beat analysts’ fourth-quarter profit and revenue forecasts. Colfax Corp., up $2.60 to $47.79. The manufacturing and engineering company plans to split into two separate companies.

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Marvell Technology, Okta fall; Burlington, Colfax rise

Marvell Technology, Okta fall; Burlington, Colfax rise
680news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 680news.com Daily Mail and Mail on Sunday newspapers.

United statesSplunk incMarvell technology group ltdBurlington stores incAssociated pressPurple innovation incUnited natural foods incOkta incColfax corpAmerican eagle outfitters incTechnology group ltdEagle outfitters incNatural foods incWhole foodsStores incInnovation inc

Marvell Technology, Okta fall; Burlington, Colfax rise

Marvell Technology, Okta fall; Burlington, Colfax rise
news957.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news957.com Daily Mail and Mail on Sunday newspapers.