3 Takeaways From American Eagle Outfitters' Q2 Earnings
American Eagle Outfitters (NYSE: AEO) released its second-quarter earnings results on Sept. 9. The company reported a loss of $0.03 per share on revenue of $884 million, largely the result of coronavirus-related store closures during the quarter. This was above consensus projections for a loss of $0.17 on revenue of $818 million.
The company saw a nice improvement from the first quarter, helped by record performance from its Aerie line and strong digital sales. Here are three other important takeaways from the earnings report.
Aerie introduces (from top left) Ali Stroker, Beanie Feldstein, Dre Thomas, Hari Nef, Keiana Cavé, Lana Condor, Manuela Barón, and Tiff McFierce, alongside current Role Models (from bottom left) Aly Raisman, Brenna Huckaby, Iskra, Jenna Kutcher, and Molly Burke in its #AerieREAL Role Model Spring '20 campaign. Image source: Aerie / Andrew Buda
Source Fool.com
