Wednesday, August 17, 2016

American Eagle Outfitters soars in Q2

Image result for aerie storeAmerican Eagle Outfitters Inc. on Wednesday said comparable-store sales, profit and revenue rose in the latest quarter as results topped expectations.

In the quarter, American Eagle posted 3% overall comparable sales growth, compared with the 2.8% that analysts polled by Thomson Reuters were expecting.

At its namesake brand, comparable sales rose 1% while at its lingerie brand, Aerie, sales increased 24%.. . . more

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