10 Stocks Stealing Market Spotlight

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1. American Eagle Outfitters, Inc. (NYSE:AEO)

American Eagle jumped by 15.07 percent on Wednesday to end at $23.97 apiece as investor sentiment was bolstered by the results of its earnings performance in the third quarter of the year, coupled with a higher growth outlook for the fourth quarter.

In an updated report, American Eagle Outfitters, Inc. (NYSE:AEO) said that net income jumped by 14 percent to $91.3 million from $80 million in the same period last year.

Total net revenues grew by 5.4 percent to $1.36 billion from $1.29 billion year-on-year, while comparable sales grew 4 percent.

“I’m extremely pleased with the significant trend change across our business reflecting decisive steps taken from merchandising to marketing to operations—all having a positive impact. Record third quarter revenue was highlighted by Aerie’s double-digit comparable sales increase and positive growth at American Eagle, contributing to results that exceeded expectations,” said American Eagle Outfitters, Inc. (NYSE:AEO) CEO Jay Schottenstein.

“Strong momentum has continued into the fourth quarter, including an excellent start to the holiday season. We delivered a record-breaking Thanksgiving weekend, led by an acceleration in demand across brands and channels and underscored by outstanding growth at Aerie and Offline. We are focused on finishing the season strong and sustaining our success into 2026 and beyond,” he noted.

Looking ahead, American Eagle Outfitters, Inc. (NYSE:AEO) raised its outlook for its fourth quarter operating income to a range of $155 million to $160 million, or an implied 8 to 9 percent growth.

For the full year, adjusted operating income is projected at $303 million to $308 million, with comparable sales in the low single digits, versus the prior guidance of $255 million to $265 million.

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READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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