American Eagle Outfitters Inc. came close to meeting fourth-quarter projections, but warned the first quarter would be disappointing to Wall Street, pushing shares of the specialty retailer down 10.1 percent to $20.27 in trading today.
American Eagle’s fourth-quarter profits jumped 84.8 percent to $94.8 million, or 47 cents a diluted share, from $51.3 million, or 26 cents, a year earlier. The most-recent quarter benefited from an extra week versus the year-ago period.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"