AEO Reports $1.38B Revenue with Mid-Single-Digit Sales Growth Forecast

American Eagle Outfitters, Inc. (NYSE: AEO) reiterated its full-year comparable sales forecast of mid-single-digit growth despite ongoing challenges in seasonal categories. Quarterly revenue reached $1.38 billion, which slightly exceeded analyst expectations of $1.37 billion. The company raised its annual operating income target after receiving $196 million in tariff refunds during the second quarter. However, shares fell by about 9-10% in after-hours trading, highlighting concerns about consumer spending pressures and their potential impact on future sales performance for AEO.

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