Preview: American Eagle Likely Outperformed On Slower Sales Declines And Better Margins y Improved

While American Eagle?s comparable sales decline still remains significant, improvement in the third quarter results cannot be ignored. The company was able to operate with fewer markdowns amid a highly promotional retail environment. Its revenues declined only marginally despite 5% fall in comparable sales and closure of a certain number of stores (in-line with its earlier announcement). This indicates that the retailer is simultaneously opening stores at lucrative locations, that are performing...