Tags: American Eagle | teen | retailer | forecast

American Eagle Current-Quarter Profit Forecast Misses Estimates

Friday, 06 Dec 2013 09:01 AM

Teen apparel retailer American Eagle Outfitters Inc. forecast current-quarter profit below analysts' estimates due to intense discounting in the holidays.

The company said it expects a fourth-quarter profit of 26 cents to 30 cents per share. Analysts on average were expecting a profit of 39 cents per share, according to Thomson Reuters I/B/E/S.

American Eagle also forecast a mid single-digit percentage decline in comparable-store sales.

© 2017 Thomson/Reuters. All rights reserved.

   
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Teen apparel retailer American Eagle Outfitters Inc. forecast current-quarter profit below analysts' estimates due to intense discounting in the holidays.
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2013-01-06
Friday, 06 Dec 2013 09:01 AM
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