_american-eagle39s-first-quarter-net-income-quadruples-but-revenue-growth-falls-short-of-expectations.jpg "American Eagle's First-Quarter Net Income Quadruples, but Revenue Growth Falls Short of Expectations from line 210 income tax return Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 135K times
✓ Published: 31-May-2024
👁 View: 135K times
✓ Published: 31-May-2024
Description:
American Eagle reported fiscal first-quarter net income that quadrupled from the year-ago period. While profit increased significantly, revenue growth of 6% was slower than analysts' expectations of more than 7% growth. For the full fiscal year, AEO expects revenue growth of 2 to 4%, slightly below analysts' estimates. AEO is focusing on revamping its product assortment by removing underperforming items and focusing on top categories. The company recently remodeled some American Eagle stores with a new design that is driving better results.
American Eagle reported fiscal first-quarter net income that quadrupled from the year-ago period. While profit increased significantly, revenue growth of 6% was slower than analysts' expectations of more than 7% growth. For the full fiscal year, AEO expects revenue growth of 2 to 4%, slightly below analysts' estimates. AEO is focusing on revamping its product assortment by removing underperforming items and focusing on top categories. The company recently remodeled some American Eagle stores with a new design that is driving better results.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_ary-news-6-pm-bulletin-news-25th-may-2024-124-pm-shehbaz-sharif39s-address-to-the-sifc-meeting.webp "#pmshehbazsharif #ranasanaullah #chairmanpti #pakvseng #bulletin <br/><br/>Pakistan welcomes new ICJ ruling against Israel<br/><br/>Cabinet approves package for Chinese victims of Dasu terror attack<br/><br/>SBP to introduce QR code payment for sacrificial animals purchase<br/><br/>Anti-tetanus injection consignment to ‘arrive’ in Pakistan on May 27<br/><br/>Hajj 2024: Saudi Arabia unveils customs rules for overseas pilgrims<br/><br/>Relief to PTI is not consequence of any signal: Rana Sanaullah<br/><br/>Five killed in dumper-van collision in Thatta<br/><br/>Pakistani Journalist ‘detained’ in Greece for allegedly waving national flag<br/><br/>PM Shehbaz ‘rejects’ FBR’s tax proposals for Budget 2024<br/><br/>KP CM Gandapur will attend SIFC meeting, says Barrister Saif<br/><br/>After World Court ruling, Palestinians want action not words<br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.")
⏲ 12:36 👁 20K
_cbmma-exploring-low-income-housing.webp "The China Building Material Market Association which is exploring business opportunities in this country, has expressed interest in constructing low-income housing.<br/><br/><br/>CBMMA met with the Ministry of Trade and Industry on Thursday.<br/><br/><br/>Alicia Boucher has the details.")
_how-much-are-kamala-harris-and-douglas-emhoff-worth-forbes-reporter-reveals.webp "It was a mixed year for Vice President Kamala Harris, income-wise. Book royalties, plus some investment income, added to her $235,000 salary. Forbes money in politics reporter Kyle Mullins joins \")
_angela-rayner-taunts-the-tories-after-police-dropped-probe-into-her-living-arrangements.webp "Angela Rayner taunts the Tories after police dropped their investigation into her living arrangements. Greater Manchester Police decided not to pursue claims that Rayner did not live at her registered address, and they also stated they had no jurisdiction over a separate council tax allegation. Rayner took to Twitter to share the news and tagged Tory MP James Daly, who had initially reported her, ensuring he would see her triumphant post. Join us as we delve into the details of this political drama and the reactions from all sides.")
_ep50hd-soul-land-2the-unrivaled-tang-sect-ep-50-multi-sub.webp "Doulo Dalu II - The Peerless Tang Clan<br/><br/>During the collision of the Douluo Continent and Sun Moon Continent, the Tang Sect started to slowly decline in power. Since 10.000 years ago, the Tang Sect established a tradition of nurturing Blue Silver Grass soul masters, thanks to the fame of the founder Tang San. Many of them not being as successful as Tang San. The current sect master is Tang Ya with a Blue Silver Grass.<br/>One of the main reasons of the decline was due to the development of Soul Tools in the Sun Moon Empire, which made the hidden weapons that the Tang Sect produced to be ineffective against them in the war 4000 years ago, and the power of the hidden weapons was questioned. Because of the lack of income from then on the sect quickly declined.<br/>")
_.webp "दुनिया की सबसे महँगी खाने की चीजे<br/>Be sure to LIKE this video to support me! If you want to see more News, Viral, Fact, and Lifestyle commentary content be sure to subscribe! Love you all!!<br/>_________________________________________________________<br/><br/>#GenZ #CollegeLife #GreekLife #College #america #manonthestreet #utah #taxartion #taxes #Jobs #Economy #Inflation #Viralvideos #unitedstate #india")
_ary-news-7-pm-headlines-29th-may-2024-124-big-drop-in-petrol-prices.webp "#petrol #diesel #ogra #headlines <br/><br/>Petrol prices likely to drop again in Pakistan<br/><br/>A great loss to the Muslim World<br/><br/>Ahmed Farhad arrested, in Kashmir police custody, IHC informed<br/><br/>Khawar Maneka ‘attacked’ by lawyers’ outside court<br/><br/>Eidul Azha 2024 to fall on THIS date in Pakistan<br/><br/>PTI’s Sher Afzal Marwat meets Ishratul Ibad to reduce political tension<br/><br/>China hosts Arab leaders at forum aimed at deepening ties<br/><br/>Karachi: Heatwave conditions likely to persist till June 1st<br/><br/>LHC declare ECP’s vote recounting decision in NA-97 as void<br/><br/>IMF wants Pakistan to impose tax on stationery items<br/><br/>At least 27 killed as Quetta-bound bus plunges into ditch<br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.")
_jason-smith-leads-discussion-on-bipartisan-tax-legislation-to-support-disaster-victims.webp "During House floor remarks on Tuesday, Rep. Jason Smith (R-MO) led a discussion about the Federal Disaster Tax Relief Act.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
⏲ 22:8 👁 1.8M
_ary-news-6-pm-bulletin-news-25th-may-2024-124-pm-shehbaz-sharif39s-address-to-the-sifc-meeting.jpg)
_cbmma-exploring-low-income-housing.jpg)
_how-much-are-kamala-harris-and-douglas-emhoff-worth-forbes-reporter-reveals.jpg)
_angela-rayner-taunts-the-tories-after-police-dropped-probe-into-her-living-arrangements.jpg)
_ep50hd-soul-land-2the-unrivaled-tang-sect-ep-50-multi-sub.jpg)
_.jpg)
_ary-news-7-pm-headlines-29th-may-2024-124-big-drop-in-petrol-prices.jpg)
_jason-smith-leads-discussion-on-bipartisan-tax-legislation-to-support-disaster-victims.jpg)
![[+]](/images/menu.gif){kind=small}