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American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
American Eagle withdrew its 2025 guidance and said it was taking $75 million in write offs related to spring and summer merchandise. The retailer said it expected comparable sales in the fiscal first ...
American Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise and withdrawing its full-year guidance as it contends with slow sales, steep discounting and an uncertain ...
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