By  on July 12, 2007

June same-store sales results trickled in Wednesday, as Wall Street waits for the bulk of retailers to report lackluster numbers today.

Shares of American Eagle Outfitters Inc. spiked in electronic trading Wednesday, up 7 percent, to $27.90, about an hour after the bell, as the teen retailer posted an 8 percent increase in June comparable-store sales and narrowed its second-quarter earnings guidance. At the bell, the stock closed down more than 1 percent, to $26.03.

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