Aeo inc. provides fourth quarter update ahead of today's investor meeting

Pittsburgh--(business wire)--american eagle outfitters (nyse: aeo) today announced that the company expects fourth quarter 2020 adjusted operating income to exceed $95 million, excluding potential asset impairment and restructuring charges*. this compares to reported operating income of $0.5 million and adjusted operating income of $77 million last year. anticipated adjusted operating income growth is driven by strong margins, reflecting reduced promotions, higher full-priced selling and well-r
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