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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 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.”
