American Eagle Outfitters stock drops after withdrawing financial guidance for 2025

From Yahoo Finance: 2025-05-14 07:20:00

American Eagle Outfitters stock plunges as retailer withdraws financial outlook for the year, expects revenue to slide 5% in first quarter. CEO cites poor execution, excess inventory, and higher promotions. Company faces uncertainty due to U.S.-led trade war. Inventory write-down leads to $68 million operating loss. Reports Q1 results on May 29.

Read more: American Eagle tumbles after pulling financial guidance for 2025