Nov 21, 2023, 8:51 PMAmerican Eagle (AEO) earnings Q3 2023 American Eagle reported better-than-expected sales and earnings for its fiscal third quarter, but its stock dropped 17% after the company released a holiday forecast that was below expectations. The company expects sales to be up high single digits for the holiday quarter, but operating income to be between $105 million and $115 million, mostly below expectations. Other retailers have also reported muted commentary ahead of the holiday shopping season, with Best Buy and Lowe's cutting their forecasts due to an unpredictable consumer and a continued slowdown in big-ticket purchases.
Nov 21, 2023, 5:23 PMStocks making the biggest moves midday: Amazon, Medtronic, American Eagle, Lowe’s, C3.ai and more This article looks at the stocks that had the most significant changes in price during the midday trading session on November 21, 2023. The stocks mentioned include Amazon, Medtronic, American Eagle, Lowe's, C3.ai, Abercrombie & Fitch Co, Agilent Technologies Inc, Baidu Inc, Best Buy Co Inc, Broadcom Inc, Burlington Stores Inc, DICK'S Sporting Goods Inc, KOHLS CORP DRN, and VMware Inc.
Sep 29, 2023, 10:42 PMWhy American Eagle Outfitters Was a Winner This Week American Eagle Outfitters (AEO) stock rose 11% this week due to data from the National Retail Federation's Security Survey, which found that total shrinkage rose to $112 billion in 2022, but the share of external theft (including organized shoplifting) dropped slightly. This data suggests that organized retail theft is not a growing problem and is remaining relatively stable.
Jul 11, 2023, 10:46 PMA brief study of Shrink Packaging Market Global Market Outlook | Amcor Ltd , Bonset America Corporation, American Eagle Packaging Corporation This report provides an in-depth analysis of the global Shrink Packaging Market, including market size, segmentation, technological developments, regional landscape, and growth prospects. It also covers special topics such as the Russia-Ukraine war, global inflation, China's 'bumpy' reopening, supply chain disruptions, global trade tensions, and risk of recession. The report provides data on market share, sales figures, profit margins, and price patterns. It also provides an overview of the key driving factors, restraints, opportunities, and challenges in the market. Additionally, the report provides an analysis of the Logistics Services (3PL & 4PL) Market, E-Commerce Packaging Market, and Luxury Packaging Market. Major players in the market include MW Luxury Packaging, Progress Packaging, Design Packaging, Inc., and PrimeLine Packaging.
Jun 7, 2023, 5:53 AMIs American Eagle's Supply Chain Business a Hidden Gem for Investors? American Eagle posted lower earnings in the first quarter of 2021 due to increasing costs and a one-time impairment charge for their Quiet Platform investment. Despite the platform not being as successful as expected, it has allowed American Eagle to get products to customers more quickly and reduce fulfillment costs. Investors should keep tabs on the platform, as it could become a hidden gem if American Eagle can optimize it.
May 24, 2023, 2:31 PMAmerican Eagle Outfitters AEO shares plunge after earnings report American Eagle Outfitters' shares dropped in after-hours trading Wednesday after the company lowered its full-year outlook. Despite matching Wall Street's quarterly earnings expectations and beating revenue expectations, the mall retailer now expects operating income to range between $250 million and $270 million, and full-year revenue to be flat to down low single-digits. CEO Jay Schottenstein has announced that the company is focusing on inventory discipline, cost savings, and efficiencies in order to build back its operating margins and pursue profitable growth.
May 24, 2023, 3:00 AMAmerican Eagle Outfitters Stock To Likely Trade Higher Post Q1 American Eagle Outfitters (AEO) is set to report its fiscal first-quarter results on Wednesday, May 24. The company is expecting flat to low single-digit percentage revenue growth from 2022, with an upside to the $5.1 billion consensus. Trefis estimates AEO's FQ1 2023 revenues to be $1.09 billion, slightly above the consensus estimate. AEO's fourth-quarter earnings per share came in at 37 cents, 6% higher than the previous year. Trefis estimates a stock price of $15, 20% higher than the current market price.
May 4, 2023, 3:01 PMRay Chew and Vivian Scott Chew To Be Honored With American Eagle Awards Ray Chew and Vivian Scott Chew will be honored with the 39th annual American Eagle Awards by the National Music Council of the United States on June 25th at the American Federation of Musicians Convention in Las Vegas. The awards recognize those who have made career-long contributions to American musical culture, to promoting music education, and to supporting creators’ rights. Deadline, a part of Penske Media Corporation, provides commentary, podcasts, books, crime, media, social media, sports, alerts, and newsletters. She Knows is a website that provides news and information about film, TV, awards, box office, business, international, video, insider, obituaries, Broadway, commentary, podcasts, books, crime, media, social media, and sports.
May 1, 2023, 12:09 PMPolicy lessons—and surprises—from the ‘Reimagine Rural’ podcast This blog series from the Center for Sustainable Development explores the successes of rural towns across the U.S. and offers policy recommendations to improve the effectiveness of federal rural policy. It emphasizes the need for collaboration between rural and urban stakeholders, local leadership, and investments in quality of life and place. It also provides information on the U.S. economy, self-financing deficits, the Child Tax Credit, and who has to leave the Federal Reserve next. Additionally, it provides career advice and support for Brookings.