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American Eagle Outfitters reports bigger-than-expected loss, forecasts downbeat revenue
American Eagle Outfitters forecast second-quarter revenue below estimates after reporting a wider-than-expected quarterly loss on Thursday, due to rising input costs and sluggish demand. Shares of the company, which withdrew its fiscal 2025 forecasts earlier this month amid tariff uncertainty, fell about 8% after the bell. Consumers grappling with financial constraints are avoiding non-essential purchases, including apparel and accessories, which in turn has hurt demand for clothing brands such as American Eagle Outfitters.
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finance.yahoo.com
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American Eagle Outfitters reports bigger-than-expected loss, forecasts downbeat revenue
American Eagle Outfitters forecast second-quarter revenue below estimates after reporting a wider-than-expected quarterly loss on Thursday, due to rising input costs and sluggish…