American Eagle forecasts annual revenue below estimates-March 2024-www.financetom.com

American Eagle forecasts annual revenue below estimates

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American Eagle forecasts annual revenue below estimates

Mar 12, 2025 1:23 PM

March 12 (Reuters) - American Eagle Outfitters ( AEO )

forecast annual revenue below expectations on Wednesday, joining

other major U.S. apparel makers that expect a demand slowdown as

shoppers battle the likelihood of pressured budgets again.

The company expects fiscal 2025 revenue to decline in the

low-single digit percentage range, while analysts were expecting

a 2.97% rise, according to data compiled by LSEG.

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