American Eagle Outfitters' (NYSE: AEO) stock plunged nearly 70% over the past 12 months as the apparel retailer grappled with slowing sales growth, contracting margins, and the COVID-19 pandemic. It also closed its stores, deferred its dividend payment, and recently priced a new offering of convertible notes to cope with the crisis. Read More...
Is American Eagle Outfitters Stock a Buy?
American Eagle Outfitters’ (NYSE: AEO) stock plunged nearly 70% over the past 12 months as the apparel retailer grappled with slowing sales growth, contracting margins, and the COVID-19 pandemic. It also closed its stores, deferred its dividend payment, and recently priced a new offering of convertible notes to cope with the crisis.
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