American Eagle Outfitters shares fall over 11% in premarket
American Eagle Outfitters’ AEO shares slumped more than 11% in premarket trading on Thursday after the company forecast flat quarterly gross margins. The drop came despite a second-quarter revenue beat, as softness at its core brands outweighed it.
This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.