Why American Eagle Stock Dropped Today
Even Sydney Sweeney couldn't grow the brand's comps.
Overview
Shares of American Eagle Outfitters (NYSE: AEO) fell on Thursday after the apparel retailer issued a disappointing profit forecast.
Image source: American Eagle Outfitters.
AEO's total net revenue rose 8% year over year to $1.4 billion in its fiscal second quarter, which ended on Aug. 1.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.