American Eagle Outfitters (NYSE: AEO) tanked 15.2% in after-hours trading on Wednesday as the specialty retailer's Q2 earnings fell short of Street expectations. The company reported revenues of $1.2 billion in Q2, flat year-over-year but in line with analysts' expectations. The retailer's adjusted earnings came in at $0.04 per share in Q2, falling short of the Street estimates of $0.13 per share. Gross profit margin also contracted to 30.9% in Q2 versus 42.1% in the same period last year driven by higher markdowns and rising freight costs. AEO's management cited a "tougher macro environment" that is "impacting consumer spending behavior.
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American Eagle Outfitters (NYSE:AEO)
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American Eagle Outfitters (NYSE:AEO)
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De Nov 2021 à Nov 2022 Plus de graphiques de la Bourse American Eagle Outfitters