• American Eagle Outfitters raises 2023 financial targets

    17 days ago - By Fashion United

    Image: Michael Loccisano for Getty Images
    After strong holiday sales, American Eagle Outfitters, Inc. has said that it is on track to achieve 600 million dollars in operating income for fiscal 2021.
    Fueled by strong demand and positive pricing, AEO expects record fourth quarter revenue with growth in the mid-to-high teens compared to fourth quarter 2020, and up in the mid-teens from the fourth quarter of 2019. Operating income is expected to be in the range of 90 to 100 million dollars. The company added that the fourth quarter profit outlook reflects significant progress and meaningful...
    Read more ...