Sydney Sweeney Has Aided a Huge Reversal for American Eagle's Shares. What Now?
1. AEO shares surged 38% due to celebrity endorsements and strong sales. 2. Aerie's comparable sales rose 3%, suggesting product improvement. 3. Concerns exist over sustainability of recent sales trends. 4. Analysts note competition from brands like Abercrombie and Victoria’s Secret. 5. Company remains below 2021 price levels despite recent gains.