American Eagle Q2 Earnings Preview

American Eagle Prepares to Report Q2 Earnings Amid Strong Peer Growth

American Eagle Outfitters (NYSE:AEO) is set to report its Q2 earnings after the bell. The company beat analysts' revenue expectations last quarter, with revenues of $1.20 billion, up 9.7% year on year. The market is expecting American Eagle's revenue to grow 6.8% year upon year, improving from flat revenue in the same quarter last year. Analysts covering the company have generally confirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course. Looking at peers in the apparel retailer segment, Tilly's and Abercrombie and Fitch have already reported their Q2 results, showing significant year-on-year revenue growth. However, American Eagle shares have generally underperformed, with share prices down 3.7%.

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