Forecast Of The Day: American Eagle Aerie Revenues

+30.60%
Upside
17.61
Market
22.99
Trefis
AEO: American Eagle Outfitters logo
AEO
American Eagle Outfitters

What?

Trefis expects American Eagle’s (NYSE:AEO)  lingerie and activewear brand Aerie to see revenue rise from $1.02 billion in 2020 to about $1.3 billion in 2021 and $1.41 billion in 2022.

Why?

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The Aerie brand has gone from strength to strength in recent years driven by well-received marketing campaigns and the company’s focus on products that are affordable and more focused on usability, rather than glamour.

So What?

Aerie is American Eagle’s fastest-growing and most closely tracked brand. The outperformance of the brand could help AEO’s stock price, which is up already up by over 3x over the last 12 months.

See Our Complete Analysis For American Eagle

 

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