American Eagle Outfitters, Inc. (NYSE:AEO) stock fell in Thursday premarket trading after the apparel retailer reported second-quarter results that beat Wall Street earnings and revenue expectations, helped by a significant tariff refund.

American Eagle Earnings Snapshot

American Eagle reported earnings of 79 cents per share, well above the 21-cent consensus estimate.

Quarterly revenue rose 8% year over year to $1.38 billion, slightly topping the $1.37 billion analyst estimate.

The company received $196 million in International Emergency Economic Powers Act tariff refunds, including interest, during the quarter.