AEO - Is American Eagle's Supply Chain Business a Hidden Gem for Investors?
2023-06-07 09:53:00 ET
American Eagle (NYSE: AEO) is a staple in malls, with its namesake brand along with the fast-growing Aerie brand. These two businesses are the main driving force at the company, but not the only divisions worth keeping an eye on. American Eagle's purchase of Quiet Logistics has pushed it into the distribution business as well. Is that working out?
Before we answer that question, it is important to stress that American Eagle and Aerie are far more important divisions. American Eagle has 867 stores and Aerie 297. In fact, even the relatively tiny Todd Snyder business, with just 11 stores, is probably more impactful than the Quote Platform.
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Is American Eagle's Supply Chain Business a Hidden Gem for Investors?