Despite strong back-to-school and fall seasons that helped American Eagle Outfitters hit its first $1 billion third quarter, the company is hedging its bets for the upcoming fourth quarter.
American Eagle Outfitters, which on Wednesday reported its 14th consecutive quarter of same-store sales growth, is bullish on its fast-growing intimate apparel brand Aerie.
Gap Inc. reported second quarter sales and earnings that beat the Street, but its namesake division didn’t benefit from the overall positive retail climate.
