US: American Eagle Q3 profit falls, cuts spending plans
Author: just-style.com | 26 November 2008
Third quarter profit at American Eagle Outfitters Inc has more than halved on lower same-store sales and higher markdowns, prompting the youth apparel retailer to cut its capital spending plans next year.
just-style articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
More articles related to this one
US: The Buckle bucks slowdown with 44% Q1 profit hike
Fashion retailer The Buckle Inc has rebelled against the falling profits besetting many of its rivals by posting a 43.5% hike in first quarter profit as teens flocked to its stores.
US: Bon-Ton net loss widens in difficult Q1
Department store chain The Bon-Ton Stores said its net loss totalled US$45.4m for the first quarter of fiscal 2009, compared with a net loss of $34.1m in the prior year Q1, citing the difficult economic environment.
US: Ross Stores ups guidance as Q1 profit rises 15%
Shoppers seeking brand name bargains have helped off-price retailer Ross Stores Inc to a 15% rise in first quarter profit and increased its outlook for the rest of the year.












