American Eagle Stock Drops After Apparel Retailer Pulls Outlook

Shares of apparel retailer American Eagle Outfitters (AEO) dropped in extended trading Tuesday after the company pulled its 2025 outlook, saying its first-quarter results were "clearly" disappointing. American Eagle's shares, which rose more than 5% in Tuesday's regular session, were recently off 15% in late trading, pointing toward prices just a bit above year-to-date lows. The company, in an afternoon press release, said first-quarter revenue was expected to fall about 5% year-over-year, with comparable-store sales off about 3%. In March, it told investors to expect a "mid-single digit" decline in...