_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 remove toolbar 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
_doncic-takes-blame-as-mavs-fail-to-sweep-the-timberwolves.webp "Kyrie Irving wanted to remove the blame that Luka Doncic put on himself after the Mavericks' Game 4 loss")
_breast-implant-removal-on-the-rise-in-australia-as-researchers-study-health-issues.webp "Breast implant removal surgery was one considered a rare procedure. But new data reveals more women are opting to have their implants removed- or explanted- over concerns that the implants could be making them sick.")
_trouble-in-hardik-pandya-natasa-stankovic39s-marriage-cricketer-might-lose-70-property-in-divorce.webp "Rumours are swirling on social media about potential trouble between Hardik Pandya and Natasa Stankovic. A post on Reddit has sparked speculation about the couple's relationship, which has quickly spread across Facebook and Twitter. According to the Reddit post, Natasa has not only deleted some of her old photos with Hardik on Instagram but has also removed his name from her username as well. Additionally, the post noted that Natasa has not attended any of Hardik's IPL matches this season. Although there has been no official confirmation, new rumours suggest that if Hardik and Natasa were to divorce, she would receive 70 per cent of his property.<br/>")
⏲ 2:2 👁 115K
_fishing-festival-in-india39s-kashmir-helps-clean-spring-water.webp "Locals in Indian-administered Kashmir celebrate the spring festival of Rohan Posh, when people go fishing in the water using traditional wicker baskets and mosquito nets. Fishing helps to remove weeds and silt from the river, locals say. \")
_doncic-takes-blame-as-mavs-fail-to-sweep-the-timberwolves.jpg)
_breast-implant-removal-on-the-rise-in-australia-as-researchers-study-health-issues.jpg)
_trouble-in-hardik-pandya-natasa-stankovic39s-marriage-cricketer-might-lose-70-property-in-divorce.jpg)
_fishing-festival-in-india39s-kashmir-helps-clean-spring-water.jpg)
![[+]](/images/menu.gif){kind=small}