From Yahoo Finance: 2025-06-03 08:13:00

American Eagle Outfitters faced challenges in Q1 but managed to meet sales targets despite setbacks in key categories and slow spring start. Total net revenue for the quarter was $1.09bn, a 5% drop from last year, with a 3% decline in comparable sales. Gross profit decreased to $322.42m, and the company reported a net loss of $64.89m. AEO withdrew full-year guidance due to market uncertainties and projects a 5% revenue decline in Q2. Operating income for the quarter is estimated at $40m to $45m, with revised capital expenditures for 2025 at around $275m.



Read more at Yahoo Finance: American Eagle Outfitters swings to Q1 loss on higher costs, sluggish demand