American Eagle Outfitters Inc (AEO)
24 Mar 2017
* American eagle outfitters declares a regular quarterly dividend of $0.125 per share Source text for Eikon: Further company coverage:
* American Eagle Outfitters reports fourth quarter and full year 2016 results
CHICAGO, Jan 5 Weak holiday sales by some U.S. department stores have reignited fears that the sector may never recover its growth levels of the past, but some investors are holding out hope for a longer-term recovery.
CHICAGO Weak holiday sales by some U.S. department stores have reignited fears that the sector may never recover its growth levels of the past, but some investors are holding out hope for a longer-term recovery.
Disappointing holiday-season sales at Macy's Inc and Kohl's Corp underscored the uphill task facing department stores to win back shoppers, who are increasingly turning to online retailers and spending less on apparel. | Video
American Eagle Outfitters Inc forecast a much lower-than-expected fourth-quarter profit, joining rivals Abercrombie & Fitch Co and Gap Inc in flagging a tough climate for retailers in the crucial holiday shopping season.
* American eagle outfitters names Bob Madore EVP, Chief Financial Officer
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