American Eagle Outfitters Reports Q1 Challenges
American Eagle Outfitters has announced a 5% revenue decline in its first quarter. This downturn has prompted the company to withdraw its full-year fiscal 2025 outlook. The decision stems from ongoing macroeconomic uncertainties that are affecting retail performance.
The company’s decision to retract its outlook highlights the challenges that many retailers face amid economic volatility. American Eagle is not alone in navigating these turbulent waters, as many brands are adjusting their strategies in response to changing market conditions.