American Eagle Outfitters Q2 2024 Finds It More Attractively Valued, But Still Only Fair [Seeking Alpha]
American Eagle Outfitters, Inc. (AEO)
Last american eagle outfitters, inc. earnings: 3/4 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.ae.com/news-releases/default.aspx
Company Research
Source: Seeking Alpha
Follow Summary American Eagle Outfitters' 2Q24 results met guidance, with comparables up 4% and margins expanding due to lower markdowns and higher AURs. AEO's valuation has dropped 15%, now trading at an EV/NOPAT of 10x for FY24, reflecting a fair but not opportunistic valuation. The company is effectively managing inventory and assortment, showing growth in a challenging macro environment. While AEO offers a 14% yield, combining a 10% current yield and 4% growth, concerns about margin durability and SG&A costs keep it a Hold. Morsa Images American Eagle Outfitters, Inc.'s ( NYSE: AEO ) 2Q24 results were in line with the company's guidance. Comparables grew 4%, and absolutes grew above that (thanks to an extra back-to-school week). Lower markdowns and higher AURs have been expanding the company's margins. My thesis about AEO has not changed much since my last article in May . AEO is a leading fast-fashion retailer with no financial leverage and an effective assortmen
Show less
Read more
Impact Snapshot
Event Time:
AEO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AEO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AEO alerts
High impacting American Eagle Outfitters, Inc. news events
Weekly update
A roundup of the hottest topics
AEO
News
- AEO or FIGS: Which Is the Better Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio [Yahoo! Finance]Yahoo! Finance
- Is Abercrombie's High P/S Ratio a Growth Indicator or Warning Sign? [Yahoo! Finance]Yahoo! Finance
- American Eagle Outfitters (AEO) Stock Declines While Market Improves: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- Premium Denim Jeans Market to Grow by USD 9.04 Billion from 2024-2028, Driven by Innovative Designs and AI-Redefined Market Landscape - Technavio [Yahoo! Finance]Yahoo! Finance
AEO
Earnings
- 8/29/24 - Beat
AEO
Sec Filings
- 11/8/24 - Form SC
- 11/1/24 - Form 4
- 11/1/24 - Form 4
- AEO's page on the SEC website