Direct Flourishes, But Fourth Quarter Damps American Eagle’s Year

Posted on by Chief Marketer Staff

Fourth quarter sales for apparel marketer American Eagle fell from $995.4 million a year ago to $905.7 million during fourth-quarter 2008. The company recorded net income of $32.7 million for the quarter, down from $140.5 million a year ago. The quarter ended Jan. 31.

How bad were the most recent results? Despite the falloff in sales, the company

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