American Eagle Outfitters Q2 profit up 34%, boosted by $196M tariff refunds
American Eagle Outfitters reported second-quarter profit up 34% year-over-year, citing $196M in tariff refunds plus interest. The company also beat on both top- and bottom-line results.
American Eagle NYSE:AEO delivered stronger-than-expected results for the second quarter, topping estimates on both revenue and profit. Net income rose 34% from a year earlier, helped by $196M in tariff refunds plus interest. Shares initially jumped, then reversed and fell into the...