American Eagle Outfitters in March reported Q4 2024 net revenue declined 4% to $1.6 billion while comps rose 3% and operating income rose slightly to $142 million. The company at the time expected its Q1 2025 results to feature a mid-single-digit revenue decline and an operating income of $20 million to $25 million.

American Eagle said it expects sales to decline 5% in its fiscal first quarter after it saw slow demand and steep discounting.

American Eagle (AEO) stock is sinking after the company withdrew 2025 guidance, warned of an operating loss, and flagged steep discounting and excess inventory