seekingalpha.com Analyst action
BofA reiterates Underperform on American Eagle as Aerie unlikely to offset struggles at parent
[American Eagle Outifitters 34th Street Manhattan] wdstock/iStock Editorial via Getty Images Comparable store sales for American Eagle (AEO [https://seekingalpha.com/symbol/AEO]) – down 2% during the first quarter [https://seekingalpha.com/news/4598122-american-eagle-stumbles-on-soft-comparable-store-sales] despite another ad campaign from Sydney Sweeney—will likely remain under pressure until at least FY27. Coupled with pressure on margins from strategic investments and moderating comps at Aerie, BofA Securities' Mary …