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News  ›  The Motley Fool

Why American Eagle Outfitters Stock Surged Today

The Motley Fool Logo The Motley Fool By Joe Tenebruso
Why American Eagle Outfitters Stock Surged Today

American Eagle Outfitters reported strong Q3 results with 6% revenue growth, 4% comparable sales increase, and marketing partnerships with Sydney Sweeney and Travis Kelce boosting brand awareness. The company raised its full-year earnings forecast and delivered better-than-expected earnings per share.

Insights
ABLLL   positive

The company reported its strongest quarter to date, has record cash levels, increasing capital inflows, growing fee income, and is implementing a shareholder-friendly capital allocation strategy with dividend and buyback program


AEO   positive

Strong Q3 performance with revenue growth, improved comparable sales, successful marketing campaigns, raised earnings forecast, and earnings per share exceeding Wall Street estimates