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Stock impact report

American Eagle Stock Looks Attractive At $23 [Forbes]

American Eagle Outfitters, Inc. (AEO) 
Last american eagle outfitters, inc. earnings: 3/4 04:01 pm Check Earnings Report
Company Research Source: Forbes
JAPAN - 2019/12/23: American clothing and accessories retailer American Eagle store seen in Tokyo.... [+](Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)[Updated: 01/21/22] AEO Stock UpdateAmerican Eagle Outfitters (NYSE: AEO)American Eagle Outfitters also issued a strong update on holiday sales, including that it is on track to achieve $600 million in operating income for fiscal 2021. AEO expects Q4 revenue growth to be in the mid-to-high teens compared to a year ago, and up in the mid-teens from Q4 of 2019. Operating income is expected to be in the range of $90 million to $100 million including approximately $80 million in higher freight costs, due to supply chain disruptions. For fiscal 2023, AEO targets revenue of approximately $5.8 billion vs. $5.4 billion consensus and operating income of $800 billion, with the operating margin expanding to 13.5%.To add to this, American Eagle Outfitters also acquired Quiet Logistics for $360 million in cash recently. Quiet Log Show less Read more
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