Source: Barron's
Online retailers continue to disrupt the retail space; bricks-and-mortar stores that have not turned the corner on building a digital platform are getting exposed. Luckily for American Eagle Outfitters (AEO) it is delivering online sales and has one of the hottest brands in all of retail.
In its most recent quarter, the company generated revenue of $886 million, which grew 8% Y/Y. High single-digit revenue growth in retail is difficult to come by. American Eagle's performance bested that of Urban Outfitters (URBN) and Abercrombie & Fitch (ANF)