Dec
12
Despite Betting on Aerie, American Eagle’s Margins Decline on Markdowns
Posted in: UncategorizedAmerican Eagle is betting its future on the rollout of the Aerie lifestyle brand and as a leader on inclusivity, but the retailer’s progress hit a snag in the third quarter as both gross profit and operating income fell, according to the company’s quarterly earnings report. The retailer’s gross profit margin for the quarter ended…
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