American Eagle Outfitters Inc. (NYSE: AEO) reported higher fourth quarter earnings of 47 cents per share compared with 26 cents per share in the year ago period but warned of lower same store sales for the current quarter and forecast earnings well below expectations. Shares of the teen apparel retailer plummeted $2.43 to $20.12.
American Eagle Outfitters Warns Of Lower Sales
March 06, 2013 at 13:35 PM EST