Sunday 5 July 2020
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wn.com - 1 month ago

American Eagle swings to a £204.39 million net loss in Q1 due to Coronavirus restrictions

American Eagle swings to a 204.39 million net loss in Q1 due to Coronavirus restrictions. The retailer posts an about 38% decline in revenue and 66.75 pence of loss per share in Q1. The U.S. clothing and accessories company suspends dividend for the second quarter. American Eagle (NYSE: AEO) Outfitters released its quarterly financial results on Wednesday that showed its loss to have widened in the first quarter. The company...


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