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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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 ...
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