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American Eagle Outfitters raises Q2 earnings outlook
New York -- American Eagle Outfitters Inc. said Wednesday it was raising its second quarter earnings outlook because of stronger-than-expected sales.
The specialty retailer expects adjusted second-quarter earnings of 19 cents to 21 cents a share, compared with its previous estimate of 13 cents to 15 cents a share.
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Kids Foot Locker opens at Moorestown Mall
Moorestown, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Kids Foot Locker has opened at Moorestown Mall, located in Moorestown, N.J.
The 2,800-sq.-ft. store is joined by such tenants as anchors Macy’s, Lord & Taylor, Sears and Boscov’s as well as specialty retailers Zumiez, Victoria’s Secret and American Eagle Outfitters and restaurants such as Pei Wei Asian Diner and Elevation Burger. The Regal Moorestown Mall Stadium 12 & Regal Premium Experience is opening in spring 2013.