American Eagle's shares fell 15% after the company forecasted flat gross margins and unchanged same-store sales for the third quarter, signaling expected profit hits from discounting excess denim inventory and soft sales in its main brand. While Q2 revenue was strong at $1.4 billion, growth mainly came from its Aerie and Offline brands, not its signature jeans line. The company’s edgy marketing campaigns, including one with Sydney Sweeney, have attracted attention but haven't reversed declining demand for its denim. Analysts warn of a tough retail environment ahead, with American Eagle struggling to clear older inventory amid shifting fashion trends and cautious consumer spending.
American Eagle Outfitters' shares fell 13% after its Q2 2026 earnings beat was largely driven by a $161 million one-time tariff refund, raising concerns about the underlying business performance. While the Aerie brand showed strong 19% sales growth, ...
Abercrombie & Fitch Co. has surged over 90% since May 2026, significantly outperforming the S&P 500. The company has reported 15 consecutive quarters of net sales growth, consistently beaten earnings estimates, and raised its full-year guidance. Mana...
