Earnings

American Eagle Outfitters (AEO) Q1 2021 earnings

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A shopper wearing a protective mask walks past a sale sign at an American Eagle Outfitters Inc. clothing store at Westfield San Francisco Centre in San Francisco, California, U.S., on Thursday, June 18, 2020.

Michael Short | Bloomberg | Getty Images

American Eagle Outfitters reported Wednesday fiscal first-quarter earnings and sales that topped analysts’ estimates, as shoppers spent their money on new styles of denim, summer swimwear, and comfortable bras and underwear from Aerie.

Its shares were down around 1% on the news in extended trading, however, as the company didn’t provide a financial outlook for the full year. The stock had closed the day up more than 5%.

The results follow strong…



Source cnbc.com

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