Inflation? Recession? Starting Black Friday, holiday shoppers are planning to spend [CNBC]
American Eagle Outfitters, Inc. (AEO)
Last american eagle outfitters, inc. earnings: 3/4 04:01 pm
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Source: CNBC
being top concerns among the majority of consumers, according to an annual survey conducted by CNBC and SurveyMonkey ahead of the first big shopping weekend of peak season. Two-thirds of Americans (67%) are worried about inflation making it more difficult for them to buy the items they want. Even more (69%) worry a recession will limit their ability to make purchases. But anticipated cutbacks in spending among consumers are only up slightly compared to last year — 39% versus 36% — with the majority of Americans saying they expect to spend the same (44%) or more (14%) this year, according to the annual CNBC|SurveyMonkey Small Business Saturday poll. “People are pretty consistent on how much they expect to spend on holiday shopping,” said Laura Wronski, senior manager of research science at Momentive. “Things are going to cost more and you have to accept that there is not some secret way to get around that high inflation,” she said. But she cautioned that there's still the risk that
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AEO
Earnings
- 3/7/24 - Beat
AEO
Sec Filings
- 4/11/24 - Form 4
- 4/11/24 - Form 4
- 4/11/24 - Form 4
- AEO's page on the SEC website