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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 beats quarterly revenue estimates

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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moderately positive

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AEO0.65

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