American Eagle Outfitters expects sales to top $1B in first quarter
April 15, 2021
American Eagle Outfitters says that it is “on track” to top $1 billion in revenues for the first quarter. “Demand has accelerated across the American Eagle and Aerie brands, generating strong margins, higher full-priced selling and reduced promotions,” the company said in a statement. The retailer’s stock was up five percent in premarket trading.
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