American Eagle Outfitters, Inc. provided earnings guidance for the year 2022. For the year, the company expects operating profit to be in the range of $550 million to $600 million. The company forecasts an earnings decline in the first half, followed by a recovery in the second half as the company lap elevated air freight due to factory closures and inventory flow challenges last year.
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29/04 | Barclays Adjusts Price Target on American Eagle Outfitters to $32 From $30, Maintains Overweight Rating | MT |
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- American Eagle Outfitters, Inc. Provides Earnings Guidance for the Year 2022