American Eagle Outfitters Falls On Bleak Guidance, But Shows Some Bright Spots

A closer analysis of the company's results suggests that its performance was not all bad. The retailer's comparable sales including online sales declined by only 5%, better than the declines of 10% and 7% posted in the first two quarters of the year. American Eagle went easy on promotional activities during the quarter, which produced a high-single digit increase in average unit retail sales. Even units per transaction increased in mid-single digits, though a decline in the number of transaction...