American Eagle Outfitters AEO is now trading sharply higher, despite reporting a weak December same-store-sales report, and lowering guidance for the fourth quarter.
American Eagle reported a 11% drop in December sales at stores open a year, and cut its fourth guidance to 41-43 cents, from 43-46 cents per share.
At last check, shares of American Eagle were up $1.06 to $15.53, a gain of 7.33%.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in