American Eagle Outfitters Boosts Financial Outlook

American Eagle Outfitters financial outlook brightens, with adjusted operating income projected between $303M and $308M, a substantial increase from earlier predictions. The retailers strong third quarter performance, driven by surpassing earnings and revenue expectations, is attributed to high-profile celebrity campaigns. Despite modest comparable sales growth, these campaigns havent hindered profitability, with an operating margin of 8.3% exceeding analysts expectations.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.