By  on March 6, 2013

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.

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