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American Eagle raises annual revenue forecast on strong holiday-season demand

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By

Reuters

Published



Nov 22, 2023

American Eagle Outfitters on Tuesday raised its annual revenue forecast, in a sign that demand for its apparel and accessories remained steady ahead of the crucial holiday season.

American Eagle

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

Analysts on average had expected revenue to grow 2.61%, according to LSEG data.

© Thomson Reuters 2023 All rights reserved.



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