EconomyAmerican Eagle shares slump on flat margin outlook and weakness in namesake brand
American Eagle Outfitters shares fell about 11% on Thursday after the apparel retailer forecast flat quarterly gross margins. The outlook pointed to possible discounting to clear excess inventory, while weak demand at its namesake brand could pressure profit.
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Reuters★★☆☆☆2026-09-10 14:35Original
American Eagle shares slump on flat margin outlook and weakness in namesake brand
Economy