American Eagle beats sales estimates for May-July quarter, keeps full-year outlook

Earnings
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American Eagle Outfitters, the US apparel maker, reported second-quarter results for May through July on the 9th, with revenue of 1.38 billion dollars, slightly above the 1.37 billion dollars analysts had expected according to LSEG. The company kept its full-year 2026 same-store sales outlook unchanged, still expecting mid-single-digit growth, as consumer discretionary spending remains uneven and pressure on seasonal merchandise persists at its core brands. It said it expects gross margin for the quarter to be flat compared with the same period a year earlier. It also raised its full-year operating profit target, factoring in the effect of 196 million dollars in tariff refunds received in the second quarter. Patrick Ritchardi, an analyst at research firm Third Bridge, said the company lacks clarity in its brand messaging and merchandise strategy, leaving it behind competitors such as Levi's and Abercrombie.

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