American Eagle Beats Revenue Estimates
American Eagle Outfitters reported second-quarter revenue of 1.38 billion dollars, beating analyst expectations. The strong performance was driven by solid demand for Aerie intimates and apparel.
Insights:
American Eagle Outfitters posted second-quarter revenue of $1.38B on Wednesday afternoon, topping consensus estimates of $1.37B. The apparel retailer outperformed projections set across the United States. Strong consumer demand for Aerie intimates, sleepwear, and apparel drove the quarterly beat.
