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0.00360847992783032 0.00930987821380237 0.0108254397834911 0.0108254397834911 0.00631483987370323 -0.00225529995489403 0.0130807397383852 -0.0027063599458729
Stock impact report

American Eagle Outfitters Says Consumers are Fearful and Cutting Spending [Yahoo! Finance]

American Eagle Outfitters, Inc. (AEO) 
Last american eagle outfitters, inc. earnings: 3/4 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The maker of fashion clothing for teens and young adults explained that tariffs, inflation, and government cuts are leading buyers to be more conservative. Fourth-quarter profit exceeded forecasts. American Eagle Outfitters ( AEO ) shares fell Thursday, a day after the maker of fashion clothes for teens and young adults warned that consumers are pulling back on their spending because of concerns about the future. The company behind American Eagle and Aerie brands predicted full-year revenue will fall by a low-single-digit percent, while analysts surveyed by Visible Alpha were looking for a 3% increase. AEO explained that the guidance "reflects near-term headwinds in the consumer and macroeconomic operating environment." CEO Jay Schottenstein noted that the first quarter "is off to a slower start than expected, reflecting less robust demand and colder weather." Schottenstein added that while the company anticipates improvement as the spring season gets under way, "we are also Show less Read more
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