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Market Impact: 0.32
American Eagle Outfitters beats quarterly revenue estimates
Source: reuters.com
Corporate EarningsConsumer Demand & Retail
American Eagle Outfitters beat second-quarter revenue estimates, driven by strong demand for Aerie intimates, sleepwear and apparel. The result signals resilient consumer demand for the company’s Aerie brand and is likely supportive for the retailer’s shares.
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