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American Eagle Shares Slide on Margin Outlook, Weak Sales at Core Brands

Shares slumped over 11 percent in premarket trading Thursday, following a flat quarterly gross-margin forecast as persistent softness at the company's core brands outweighed a second-quarter revenue beat.

American Eagle Shares Slide on Margin Outlook, Weak Sales at Core Brands

We haven't written up this one. Business of Fashion has the full story — the link below goes straight to it.

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