US EditionAmerican Eagle tumbles after pulling financial guidance for 2025
- American Eagle, based in Pittsburgh, withdrew its 2025 financial guidance on April 4, 2025, citing macroeconomic uncertainty and expecting a 5% revenue decline in Q1.
- The withdrawal followed slower than expected sales, excess inventory, heavy promotions, and unsettled consumer spending amid a U.S.-led trade war.
- The company took a $75 million write-down on spring and summer merchandise, projects a 3% drop in same-store sales, and foresees a $68 million adjusted operating loss.
- CEO Jay Schottenstein expressed disappointment with the company’s first-quarter performance, noting that their merchandising efforts fell short of expectations and resulted in increased promotional activity and excess inventory, which has since been adjusted to better match sales trends.
- American Eagle plans to review its strategies entering Q2 in a better position while analysts expect aggressive inventory cuts and cost control through 2025.
36 Articles
36 Articles
Associated Press News
American Eagle tumbles after pulling financial guidance for 2025
Shares of American Eagle Outfitters are tumbling after the retailer withdrew its financial outlook for the year citing “macro uncertainty” and said it would write down $75 million in spring and summer merchandise.
American Eagle Outfitters Withdraws 2025 Financial Guidance Amid Disappointing Q1 Performance
Financial Performance Takes NosediveAmerican Eagle Outfitters has withdrawn its fiscal year 2025 guidance, citing macroeconomic uncertainty and disappointing first-quarter performance, according to a company press release issued Tuesday.The apparel retailer’s preliminary Q1 results reveal a concerning 5% year-over-year decrease in revenue, bringing the total to $1.1 billion. When the company plans its final Q1 results on May 29, it also expects …
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