American Eagle Outfitters Faces Slower Q1 After Strong Holidays, Analyst Trims Forecast
1. AEO's price target lowered from $18 to $12. 2. Quarterly sales declined 4.4% despite better-than-expected performance. 3. Operating income at $142.3 million is highest in a decade. 4. FY25 outlook weakens with a projected low single-digit revenue decline. 5. Sales impacted by slower demand and colder weather.