Retail News

AMERICAN EAGLE UNDERPERFORMS IN THIRD QUARTER, SENDS SHARES PUMMELING

One year ago   |   By Accessories Magazine

American Eagle Outfitters' winning streak has come to a crawl. Today the company announced its third quarter results, with total net revenue reaching $941 million, up 2% from last year's $919 million number. Same-store sales also saw a 2% increase, while total gross profit increased 3% to $378 million from $368...
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American Eagle Shares Fall on Investor Disappointment Over Q4 Guidance

One year ago   |   By WWD

Shares of American Eagle Outfitters Inc. dropped 14 percent in late morning trading after investors showed their disappointment of the company's fourth-quarter projections.
The shares were trading at $16.26 at 11:32 a.m. The teen retailer earlier in the morning posted third-quarter results in which diluted earnings per share of 41 cents met Wall Street's consensus estimate. The problem was in the fourth-quarter outlook, with the company now guiding EPS to a range of 37 cents to 39 cents, based on comparable sales in the range of flat to a low-single-digit increase. That compares with the...
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Kim & Kanye Reveal the Name of Their Third Child

Kim & Kanye Reveal the Name of Their Third Child

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Vetements Brings Camo Flair for Fall/Winter 2018 Collection

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ALTUZARRA Is Hiring A Junior E-Commerce Coordinator In New York, NY

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Antonio Berardi: Pre Fall 2018

Antonio Berardi: Pre Fall 2018

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Nasir Mazhar Unveils His Latest Menswear Collection

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Having just last year decided to break free from the traditional Fashion Week cycle and open his very first store in Forest Gate, the interior of which he designed and built... Read more ...