Home » American Eagle Shares Slide on Margin Outlook, Weak Sales at Core Brands

American Eagle Shares Slide on Margin Outlook, Weak Sales at Core Brands

American Eagle Shares Slide on Margin Outlook, Weak Sales at Core Brands

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Shares slumped over 11 percent in premarket trading Thursday, following a flat quarterly gross-margin forecast as persistent softness at the company’s core brands outweighed a second-quarter revenue beat.