_american-eagle39s-first-quarter-net-income-quadruples-but-revenue-growth-falls-short-of-expectations.jpg "American Eagle's First-Quarter Net Income Quadruples, but Revenue Growth Falls Short of Expectations from stores in frederick mall Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 135K times
✓ Published: 31-May-2024
👁 View: 135K times
✓ Published: 31-May-2024
Description:
American Eagle reported fiscal first-quarter net income that quadrupled from the year-ago period. While profit increased significantly, revenue growth of 6% was slower than analysts' expectations of more than 7% growth. For the full fiscal year, AEO expects revenue growth of 2 to 4%, slightly below analysts' estimates. AEO is focusing on revamping its product assortment by removing underperforming items and focusing on top categories. The company recently remodeled some American Eagle stores with a new design that is driving better results.
American Eagle reported fiscal first-quarter net income that quadrupled from the year-ago period. While profit increased significantly, revenue growth of 6% was slower than analysts' expectations of more than 7% growth. For the full fiscal year, AEO expects revenue growth of 2 to 4%, slightly below analysts' estimates. AEO is focusing on revamping its product assortment by removing underperforming items and focusing on top categories. The company recently remodeled some American Eagle stores with a new design that is driving better results.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_ultimate-thrifting-guide-frederick-md-124-antiques-vintage-thrift-stores-124-thrift-haul.webp "Sarah Irving")
⏲ 16 minutes 8 seconds 👁 775
_the-all-new-tech-air-off-road-active-airbag-vest.webp "Alpinestars shows off its first dedicated active airbag vest engineered specifically for us off-road riders. Developed primarily for Dakar racing competition, the vest is also designed for dirt bike riders seeking more protection than what’s typically available in the space (chest protector, etc). Say hello to the Tech-Air Off-Road Active Airbag Vest. <br/><br/>Read the best motorcycle news and reviews: http://www.motorcyclistonline.com/<br/><br/>Subscribe to our channel: http://www.youtube.com/c/MotorcyclistMag<br/>Motorcyclist Shirts: https://teespring.com/stores/motorcyclist<br/>Instagram: https://www.instagram.com/motorcyclistonline/<br/>Facebook: https://www.facebook.com/motorcyclistmag/")
_a-fond-farewell-to-sears-frederick-md-fsk-mall.webp "LOCO-motix Road Videos")
_francis-scott-key-mall-raw-amp-real-retail.webp "Raw u0026 Real Retail")
_fredericktowne-mall-on-last-legs.webp "LOCO-motix Road Videos")
_crystal-rock-store-at-francis-scott-key-mall-in-frederick-md-124-tuesday-4-12-22.webp "Anne Moments")
⏲ 33 minutes 33 seconds 👁 102
_nia-to-increase-rice-purchases-limit-at-kadiwa-stores-to-10-kg.webp "NIA to increase rice purchases limit at Kadiwa stores to 10 kg;<br/><br/>DENR to increase water allocation from Angat Dam")
_mall-stores-you-once-loved-but-no-longer-exist-part-2.webp "Rhetty for History")
_ultimate-thrifting-guide-frederick-md-124-antiques-vintage-thrift-stores-124-thrift-haul.jpg)
_the-all-new-tech-air-off-road-active-airbag-vest.jpg)
_a-fond-farewell-to-sears-frederick-md-fsk-mall.jpg)
_francis-scott-key-mall-raw-amp-real-retail.jpg)
_fredericktowne-mall-on-last-legs.jpg)
_crystal-rock-store-at-francis-scott-key-mall-in-frederick-md-124-tuesday-4-12-22.jpg)
_nia-to-increase-rice-purchases-limit-at-kadiwa-stores-to-10-kg.jpg)
_mall-stores-you-once-loved-but-no-longer-exist-part-2.jpg)
![[+]](/images/menu.gif){kind=small}