#Latest news with #sameStoreSalesWashington Post14-05-2025BusinessWashington PostAmerican Eagle tumbles after pulling financial guidance for 2025Shares of American Eagle Outfitters are tumbling before Wednesday's opening bell after the retailer withdrew its financial outlook for the year citing 'macro uncertainty' and said it would write down $75 million in spring and summer merchandise. American Eagle said late Tuesday that it expects first-quarter revenue to slide 5%, or more than $1 billion. Same-store sales, a key gauge of a retailer's health, are projected to fall about 3%.
Washington Post14-05-2025BusinessWashington PostAmerican Eagle tumbles after pulling financial guidance for 2025Shares of American Eagle Outfitters are tumbling before Wednesday's opening bell after the retailer withdrew its financial outlook for the year citing 'macro uncertainty' and said it would write down $75 million in spring and summer merchandise. American Eagle said late Tuesday that it expects first-quarter revenue to slide 5%, or more than $1 billion. Same-store sales, a key gauge of a retailer's health, are projected to fall about 3%.