Aeo inc. expects to report second quarter results above guidance

Pittsburgh--(business wire)--american eagle outfitters, inc. (nyse: aeo) expects second quarter revenue to be approximately flat to last year, ahead of previous guidance for revenue to be down low-single digits. the company also expects operating income to exceed previous guidance of $25 to $35 million. “i am pleased to note that demand picked up in late june, with strength continuing as we introduced our initial fall collections in july, reflecting newness centered on emerging trends across ou.
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