American Eagle Raises Annual Income Forecast on Robust Diversion-Season Call for

American Eagle Clothing stores on Tuesday raised its annual income forecast, in an indication that call for for its attire and equipment remained secure forward of the the most important pleasure season.

The corporate now expects annual income to be up mid unmarried digits, when put next with its prior forecast of a stand in low unmarried digits.

Analysts on reasonable had anticipated income to develop 2.61 %, in step with LSEG knowledge.

Via Juby Babu

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American Eagle Sees Second-Quarter Revenue Above Previous Forecast

The corporate had in Might snip its full-year income forecast as call for eased for non-essentials, together with attire, because of still-high inflation.