Why American Eagle Stock Plummeted After Earnings
American Eagle Outfitters (NYSE: AEO) stock slid 6.4% through 10:50 a.m. ET Wednesday after preannouncing sales broadly in line with expectations, but warning of worse times to come.
Analysts are expecting AEO to report just under $1.1 billion in Q1 sales, and the company said last night it expects to hit that number -- this time. Unfortunately, macroeconomic uncertainty prevented management from committing to hit its full-year numbers, and the company pulled its guidance for the rest of 2025.
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Source Fool.com
