Saturday, March 25, 2023

American Eagle posts 3% quarterly sales decline By Reuters


© Reuters. Jeans are seen for sale in an American Eagle Outfitters retail store in Manhattan, New York

(Reuters) – American Eagle Outfitters (NYSE:) Inc said third-quarter revenue fell about 3% on Tuesday, as store traffic slumped due to the COVID-19 pandemic.

Total revenue fell to $1.03 billion in the quarter ended Oct. 31, from $1.07 billion a year earlier.

Net income attributable to the company fell to $58.1 million, or 32 cents per share from $80.76 million, or 48 cents per share, a year earlier.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link


Please enter your comment!
Please enter your name here



Related Stories