American Eagle stock jumps 10% as it expects a big holiday, raises forecast after Sydney Sweeney ads [CNBC]
FactSet Research Systems Inc. (FDS)
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Source: CNBC
The apparel company, which recently partnered with Sydney Sweeney and Travis Kelce, is expecting comparable sales to grow between 8% and 9% during its holiday quarter. Despite the major marketing campaigns, sales at American Eagle's namesake banner were weaker than expected in the third quarter. In this article An American Eagle advertisement featuring actress Sydney Sweeney on a billboard in Times Square in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images American Eagle issued bullish holiday guidance and raised its full-year forecast on Tuesday after posting better-than-expected quarterly results The apparel company is expecting fiscal fourth quarter comparable sales to grow between 8% and 9% – about four times better than the 2.1% analysts had anticipated, according to StreetAccount. American Eagle is now expecting its full year adjusted operating income to be between $303 million and $308 million – up from its previous range of $255
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- American Eagle stock jumps 10% as it expects a big holiday, raises forecast after Sydney Sweeney ads [MSNBC.com]MSNBC.com
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