Tag Archives: American Eagle Outfitters Inc

American Eagle is the latest apparel retailer to crush estimates as teens head back to the mall

A shopper wearing a protective mask walks past a sale sign at an American Eagle Outfitters Inc. clothing store at Westfield San Francisco Centre in San Francisco, California, U.S., on Thursday, June 18, 2020. Michael Short | Bloomberg | Getty Images American Eagle Outfitters reported Wednesday fiscal first-quarter earnings and sales that topped analysts’ estimates, […]

Cramer’s week ahead: Big week of earnings with Snowflake and Toll Brothers reporting

CNBC’s Jim Cramer is eager to begin focusing back on the stock market, but the cryptocurrency craze is still capturing Wall Street’s attention. He expects that bitcoin and other speculative coins will continue to be top of mind, and the big declines being witnessed in crypto markets will drag on stocks. This could create buying […]

Investors are being driven out of the flashy stocks into ‘boring’ names as the economy grows, Jim Cramer says

Many stocks that were up in Monday’s session will continue winning, while those that declined will likely keep melting down, CNBC’s Jim Cramer said. “The stocks that held up today are the ones that belong to companies with products that are in strong demand while supply remains limited,” the “Mad Money” host said. “It’s become […]

Cramer rejects Buffett’s stance on stock picking, endorses a hybrid investing model

CNBC’s Jim Cramer on Monday rejected Warren Buffett’s assertion that Wall Street’s new retail investors stay away from individual stock picking in favor of investing in index funds. “I respect Warren Buffett, but I’ll always be a Peter Lynch guy,” Cramer said on “Mad Money,” reacting to the comments from the Berkshire Hathaway chairman and […]

Retail stocks surge as Florida and New York announce plans to lift Covid restrictions

A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC A number of retail stocks surged Monday as investors looked for ways to buy into the economy reopening, after several large states further loosened Covid restrictions or suspended the measures entirely. The S&P Retail ETF closed Monday up 2%, as a host […]

The post-pandemic spending spree has begun. Here are 6 things Americans are buying

Shoppers wearing protective masks carry bags on Market Street in San Francisco, California, on Wednesday, April 14, 2021. David Paul Morris | Bloomberg | Getty Images Shoppers are emerging from their cocoons and aspiring to switch it up from sweatpants, stubble and streaming. With each day, more Americans are getting Covid-19 vaccines. As spring temperatures […]

American Eagle Outfitters CEO expects ‘Roaring 20s’-like boom for malls post-pandemic

American Eagle Outfitters CEO Jay Schottenstein said Thursday that the U.S. shopping mall “is not dead” and that the decade is shaping up to be a boon for business. The apparel retailer anticipates extending its double-digit comparable sales growth streak to 27 quarters and retaining its position as a leader in denim, Schottenstein said in […]

Ready to dress up again, teens turn to online brands Shein and Princess Polly, and thrift store finds

Teen spending is slowly ticking up from record lows, according to a new survey, as teens show signs they’re ready to get dressed up, go out and socialize again. A generation known to be glued to social media apps like TikTok and Instagram, Gen Z is taking cues from fashion and beauty influencers when they […]