American Eagle Outfitters sinks after pulling annual outlook
ReutersMay 14, 2025 8:43 AM
Apparel company American Eagle Outfitters AEO.N dips 14.78% to $10.84 in premarket trading
Co withdrew its annual forecasts on Tuesday and took a $75 million inventory charge on its spring and summer collection due to economic uncertainty fueled by tariffs
Jefferies cuts PT on the stock to $11 from $13
Two out of 12 brokerages rate the stock "buy", nine "hold" and one "sell"; their median PT is $12 - data compiled by LSEG
Up to last close, stock had fallen ~24% YTD
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