In a well-known challenging retail environment, one teen-focused company seems to be a potential bright spot. American Eagle Outfitters' (NYSE: AEO) management has shown consistent and well-managed execution, exceeding analyst estimates in each of its last three quarterly earnings reports. Shares of the teen-focused retailer are down nearly 26% year to date and near 52-week lows. Could it be a good time to consider buying shares?
American Eagle Outfitters beat analyst expectations during its last three quarterly earnings releases. Strength in its Aerie brand, digital sales, and denim are some of the main drivers of the earnings beats this year. The brand continues to resonate well with teens. The retailer also has an opportunity to gain market share from competitors that are rapidly closing stores.
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