Fashion

American Eagle Outfitters revenue climbs 6 percent for Q3


The company said on Wednesday its Q3 net profit decreased. Compared with
the same period last year, revenues slipped by 6 percent.

For Q3, the company’s net profit was 81 million , slipped from 85
million last year. Revenues climbed to 1,066 million . The profit margin
of the company dropped to 8 percent compared to 8 percent a year ago.

American Eagle Outfitters (NYSE: AEO) is an American clothing and
accessories retailer, headquartered in Pittsburgh, Pennsylvania. It was
founded in 1977 by brothers Jerry and Mark Silverman as a subsidiary of
Retail Ventures, Inc., a company which also owned and operated Silverman’s
Menswear. American Eagle Outfitters is the parent company of Aerie. The
company operates more than 1,000 stores in the United States, Canada,
Mexico, China and Hong Kong.

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