Companies

American Eagle Outfitters Sales Rise in Uncertain Consumer Environment, Shares Drop

American Eagle Outfitters Sales Rise in Uncertain Consumer Environment, Shares Drop
A shopper walks past an American Eagle Outfitters clothing store at a shopping mall in Mount Prospect, Ill., on May 14, 2004. Tim Boyle/Getty Images
Panos Mourdoukoutas
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News Analysis
American Eagle Outfitters reported higher sales in the fourth quarter of fiscal year 2024, which ended on Feb. 1, driven by record growth in Aerie brand revenue. However, the company’s shares dropped on Wall Street because of an uncertain consumer outlook for 2025.
Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”