American Eagle Outfitters posts net loss on slowing consumer demand
(Reuters) – American Eagle Outfitters Inc reported a loss for the second quarter on Wednesday and said it would pause quarterly dividend as it strives to tide through lower demand due to inflation, sending its shares down 14% after market.
American Eagle Outfitters posts net loss on slowing consumer demand
(Reuters) – American Eagle Outfitters Inc reported a loss for the second quarter on Wednesday and said it would pause quarterly dividend as it strives to tide through lower demand due to inflation, sending its shares down 14% after market.