American Eagle Outfitters FY24 Outlook: Revenue Growth 2% - 4%, Operating Income $445M - $465M
Portfolio Pulse from Benzinga Newsdesk
American Eagle Outfitters projects FY24 revenue growth of 2% to 4% and anticipates operating income to be between $445M and $465M.
March 07, 2024 | 1:07 pm
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American Eagle Outfitters expects FY24 revenue growth of 2% to 4% and operating income between $445M and $465M.
The company's positive outlook for FY24, with expected revenue growth and a solid operating income range, suggests confidence in its business strategy and operational efficiency. This outlook is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100