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American Eagle Outfitters Lifts Holiday Quarter Revenue View on Strong Demand

American Eagle store | Source: Shutterstock — The multi-brand apparel retailer now expects fourth-quarter revenue to increase in the low double digits percentage range. (Shutterstock)

Reuters

08 January 2024

American Eagle Outfitters on Monday raised its fourth-quarter revenue forecast, citing strong demand in the all important holiday season.

The multi-brand apparel retailer now expects fourth-quarter revenue to increase in the low double digits percentage range, compared to the previous outlook of a high-single digits rise.

By Annett Mary Manoj

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American Eagle Raises Annual Revenue Forecast on Strong Holiday-Season Demand

The company now expects annual revenue to be up mid single digits, compared with its prior forecast of a rise in low single digits.

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