American Eagle Outfitters down after dour quarterly revenue forecast
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Shares of apparel company American Eagle Outfitters AEO.N fall 8.8% to $10.2 in extended trading
AEO expects Q2 revenue to be down 5%, vs analysts' estimate of a 4.04% decline, according to data compiled by LSEG
Posts Q1 adj. loss of 29 cents per share, vs estimate of a loss of 22 cents per share
Reports 5% fall in Q1 net revenue to $1.089 billion, vs estimates of 4.34% drop to $1.09 billion
AEO's annual forecast remains withdrawn due to macro uncertainty
Stock has fallen 33% YTD
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