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Home » UPDATE 1-American Eagle beats quarterly revenue estimates

UPDATE 1-American Eagle beats quarterly revenue estimates

    American Eagle Outfitters topped Wall Street expectations for fourth-quarter revenue on Thursday, as consumers purchased the apparel retailer's full-price items during the crucial holiday shopping season in the United States. Shares of the company were up about 10% in premarket trading, after it also forecast full-year and first-quarter revenue growth largely in line with expectations. American Eagle has tried to steer towards higher-margin products, which include its spring collection.

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