American Eagle withdraws 2025 guidance, says Q1 worse than expected

American Eagle On Tuesday said it is written off of spring and summer merchandise and withdrawing its full-year discounting and steep discounting and an uncertain economy.

The Apparel Retailer said it expects to revenue, which ended in the pronic-year period period period period. American Eticipates comparable sales will drop 3%, LED by An Expected 4% Decline at An Expected Brander Aerie. American EAIGHLE PROTULATE Expected FULL-quarter sales to be down by a mid-single-equentage and anticipated sales-digit percentage.

Shares plungged more 17% in extended trading.

WHEN It is Reported Fiscal Fourth-quarter results in March, American Eagle Warned That The First Quew QuEe quarter Was Off to A “Slower usernected” Start, Due Takes Weight and Cold Weather and Cold weatheres. The Conditions evidently worsened as the quarter progressed, and the retailer is to steep discounts to Move Inventory.

AS A RESULT, American Eagle is expecting to see An Operating ORSs of Around Charges Related to that ITS certified, of about $ 68 million for the quarter. THES THOSS Reflecks “DISKER THANCY PLANNED” DISSOUTING AND DISPOUNTING AND A $ 75 Most Milling Promchandise, The Company said.

“We are surprise disappointed with oil Authorizing StrateGies and excess the results of the results,” said CEPULS Schottenstein.

“We have haved ented the Second quarter in a Better position, with inventory that that aligned to sales trends,” he said. “Additional, we arenively evaluating oun forward to strength. Ours Improving à bucoutles.”

The Company is added It withDrawing ITS FISCALTH “DUE to Macro Uncertains Forward Plans in the Context results.” It is unlleart IF recent tariff policy changy changy.

Some companies were also primentory Earlier to plan for higher duties, but the American ELEASTEY IT WAS APLE to do so.

At the Start of the First Quarter, The Company said Inventory Outs and the Needed At Aerie, ONE IEDITE IED Primary Drivers.