American Eagle Outfitters Issues Tariff Warning Despite Earnings Beat
Despite reporting first-quarter earnings and revenue that exceeded Wall Street expectations, American Eagle Outfitters (AEO) issued a tariff-related outlook warning which led to an approximately 13% drop in its stock price. The company anticipates increasing tariffs affecting second-quarter receipts at 10%, with higher rates expected for the remainder of fiscal year 2026.
Tickers: $AEO