(Reuters) - American Eagle Outfitters Inc (N:AEO) beat Wall Street estimates for second-quarter revenue on Wednesday, as people stuck at home due to the COVID-19 pandemic shopped online for athleisure and lounge apparel from the retailer's Aerie label.
Total revenue fell to $883.5 million in the three months ended Aug. 1, from $1.04 billion a year earlier, but beat expectations of $847.8 million.
Net loss attributable to the company was $13.8 million, or 8 cents per share, compared with a profit of $64.98 million, or 38 cents per share, a year earlier.
The company recorded about $14 million in impairment, restructuring and COVID-19 related charges in the latest quarter.
Reprinted from investing.com, the copyright all reserved by the original author.
Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.
Tinggalkan pesan Anda sekarang