Thursday, August 21, 2025
StockstToday.com Logo
  • Home
  • Breaking News
  • Business & Industry Trends
  • Market News
  • Analyst Ratings
No Result
View All Result
  • Home
  • Breaking News
  • Business & Industry Trends
  • Market News
  • Analyst Ratings
No Result
View All Result
StocksToday.com Logo
No Result
View All Result
Home Breaking News

American Eagle Outfitters Forecasts 220 Million Depreciation and Amortization Expenses with Optimistic Sales Growth

Elaine Mendonca by Elaine Mendonca
March 7, 2024
in Breaking News
0
DrugRetailers Stock Exchange
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

American Eagle Outfitters is forecasting depreciation and amortization expenses of approximately $220 million for the upcoming year after implementing restructuring measures in Q4.

The company is optimistic about seeing robust growth in comparable sales during the first half of the year, with an expected increase in the mid-single digits. However, growth in the second half is projected to be more modest, in the low single digits.

Overall, American Eagle Outfitters is anticipating that total revenue and profit growth will be more heavily weighted towards the first half of the year.

American Eagle Outfitters (AEO) Stock Sees Slight Decrease Followed by After-Hours Uptick

On March 7, 2024, American Eagle Outfitters (AEO) saw a slight decrease in its stock price, closing at $23.00. This represented a drop of $0.45, or 1.92%, from the previous market close. Despite this decrease, AEO is still trading near the top of its 52-week range and above its 200-day simple moving average.

After the market closed, AEO experienced a small uptick in after-hours trading, with the stock rising by $0.02. This suggests that there is still interest in the company and its stock among investors.

Overall, AEO’s stock performance on March 7th can be seen as relatively stable, with a slight decline during regular trading hours followed by a modest increase in after-hours trading. Investors will likely be keeping an eye on any further developments or announcements from the company that could impact its stock price in the coming days.

American Eagle Outfitters (AEO) Stock Performance Analysis: Positive Trends Emerging for Future Growth

American Eagle Outfitters (AEO) stock performance on March 7, 2024, showed some interesting trends based on the financial data provided by CNN Money. The company’s total revenue for the past year was $4.99 billion, which remained flat compared to the previous year. However, there was an 8.34% increase in total revenue since the last quarter, reaching $1.30 billion.

On the other hand, AEO’s net income for the past year was $125.14 million, showing a significant decrease of 70.18% compared to the previous year. However, there was a notable 99.09% increase in net income since the last quarter, reaching $96.70 million.

The earnings per share (EPS) for AEO was $0.64 for the past year, representing a decrease of 68.68% compared to the previous year. However, there was a substantial 96.81% increase in EPS since the last quarter, reaching $0.49.

These financial indicators suggest that while AEO’s performance over the past year has shown some declines, there has been a notable improvement in the company’s financial performance in the last quarter. The increase in total revenue, net income, and EPS since the last quarter indicates that AEO may be on a path to recovery and growth.

Investors and analysts will likely be keeping a close eye on AEO’s future financial reports to see if this positive trend continues and if the company is able to sustain its growth momentum.

Tags: AEO
Elaine Mendonca

Elaine Mendonca

Related Posts

NFT projects
Breaking News

The Impact of TikToks Fate on USChina Relations and American Tech Giants

March 16, 2024
Businesses finance
Breaking News

Blackstone Strategic Credit 2027 Term Fund BGB Announces Monthly Dividend of 93 Cents per Share

March 15, 2024
Healthcare-sector
Breaking News

Analyzing Short Interest in Molina Healthcare Inc MOH

March 15, 2024
Next Post
Finances

Analyst Bullish on Super Group SGHC with Increased Price Target

Investings on laptops and finances

Robinhood Surpasses 10 Billion in Overnight Trading Volume Embracing 24Hour Stock Trading

Food Retailers Trading online

Tapestry Inc Expands Partnership with Bluecore to Elevate Customer Engagement and Sales

Recommended

Alternative Energy Markets and money (1)

Tellurian Inc Announces Exploration of Sale of Upstream Business to Support Driftwood LNG Project

2 years ago
Biotechnology Stock Exchange

Evaxion Biotech AS Regains Compliance with Nasdaq Listing Rule 5550a2

2 years ago

Johnson Johnson Reports Strong Financial Results and Addresses Concerns

2 years ago
Finance_Capitalization

Investors Bearish on Intuit NASDAQ INTU Options Trading

1 year ago

Categories

  • Analyst Ratings
  • Breaking News
  • Business & Industry Trends
  • Cryptocurrency
  • ETF
  • Index
  • Market News
  • Stock Picks
  • Stock Targets
  • Stocks
  • Uncategorized

Topics

AAL AAPL ABNB ADBE ADSK ALB AMD AMZN Apple AVGO BA C CELH COIN Coinbase COST CRWD CTVA DELL DFS DIS DLR DWAC Eli Lilly GM GRFS IBM INTC JPM KSS LLY META MSFT NFLX NIO NVDA NVO PARA PLTR PLUG SMCI TGT TSLA UNH VZ
No Result
View All Result

Highlights

Beyond Meat Shares Plummet as Crisis Deepens

SomniGroup International Reports Record Growth Following Strategic Acquisition

Plus Therapeutics Shares Face Critical Test Amid Clinical Progress

Beyond Inc. Charts New Course with Legacy Brand and Targeted Retail Strategy

Is Stratus Properties Stock Poised for a Rebound?

IonQ Strengthens Market Position with Strategic Patent Portfolio Expansion

Trending

Take-Two Stock
Stocks

Gaming Sector Faces Headwinds as Sony Announces PlayStation 5 Price Increase

by Felix Baarz
August 21, 2025
0

Sony's unexpected decision to raise PlayStation 5 console prices by $50 across all models in the United...

Kraft Heinz Stock

Kraft Heinz Faces Analyst Caution as Price Target Gets Trimmed

August 21, 2025
Centrus Energy Stock

The Quiet Powerhouse Fueling Nuclear Energy’s Revival

August 21, 2025
Beyond Meat Stock

Beyond Meat Shares Plummet as Crisis Deepens

August 21, 2025
Tempur Sealy Stock

SomniGroup International Reports Record Growth Following Strategic Acquisition

August 21, 2025

StocksToday.com is your one-stop destination for the latest stock news and analysis. We provide in-depth coverage of the stock market, including market news, company news, sector news, IPO news, investment strategies, personal finance, international markets, and more.

Recent News

  • Gaming Sector Faces Headwinds as Sony Announces PlayStation 5 Price Increase August 21, 2025
  • Kraft Heinz Faces Analyst Caution as Price Target Gets Trimmed August 21, 2025
  • The Quiet Powerhouse Fueling Nuclear Energy’s Revival August 21, 2025

Categories

  • Analyst Ratings
  • Breaking News
  • Business & Industry Trends
  • Cryptocurrency
  • ETF
  • Index
  • Market News
  • Stock Picks
  • Stock Targets
  • Stocks
  • Uncategorized

© 2024 Stocks Today

No Result
View All Result
  • Home
  • Breaking News
  • Business & Industry Trends
  • Market News
  • Analyst Ratings

© 2023 StocksToday.com