American Eagle Outfitters, Inc. (AEO)
AEO Price and Sentiment
AEO Latest news
Is (AEO) Outperforming Other Retail-Wholesale Stocks This Year?
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A bullish analyst note helped push the stock higher.
American Eagle Outfitters Inc (NYSE: AEO) has launched AE77, a new artfully designed and sustainably crafted denim brand for men and women. The brand will debut with its first store in New York City's SoHo neighborhood, with an e-commerce site to follow on October 15, 2021, and a second store by year-end.
American Eagle Outfitters, Inc. Launches AE77, an Artfully Designed and Sustainably Crafted Premium Denim Brand2021-09-22 09:00
NEW YORK--(BUSINESS WIRE)--American Eagle Outfitters, Inc. (NYSE: AEO) today announced the launch of AE77, a new premium denim brand for men and women inspired by the convergence of artistic vision and a planet-first mindset. The brand will debut with its first store in New York City's SoHo neighborhood designed by Stefan Beckman Studio, with an e-commerce site to follow on October 15th and a second store by year end. “AE77 is an exciting new opportunity for AEO Inc., which leverages our leader
American Eagle released its Q2 results earlier this month, reporting record Q2 revenue of ~$1.19 billion, up 35% year-over-year and high double-digits vs. pre-pandemic levels.
On Thursday, American Eagle Outfitters Inc. (NYSE:AEO) shares surged 2.5% after the August report on US retail sales showed an increase of 15.1% from the same month a year ago. In addition, last month's sales also increased 0.7% from the previous month, indicating sequential growth.
American Eagle Gold Corp said that it has struck an assignment agreement with Standard Ore Corp., to assume all interest in a lease with an option to purchase agreement between Standard Ore and Rubicon Resources for a 100% interest in the Cerros Rojos property, located 150 kilometers (km) south of Newmont's Long Canyon mine in Nevada. The Nevada-focused exploration company inked the Assignment Agreement on September 13, 2021, and it is subject to the approval of disinterested shareholders and the TSX Venture Exchange.
Traders and investors bid down the share price of AEO before earnings, but option trading after earnings indicates that investor confidence is fading.