Hope for American Eagle Outfitters
But it’s important not to rule American Eagle Outfitters (NYSE:AEO) out just yet. Wells Fargo recently downgraded the stock to market perform from outperform, citing management team actions that may help the company see substantial growth. In other words, instead of stirring up controversy through online interviews, American Eagle Outfitters (NYSE:AEO)’ head honchos have been busy retooling the company.
While A&F has an image and is determined to stick to it, when it comes down to it great business practices are the key to success in the market. All three companies are showing tremendous potential, but to continue to thrive, they’ll have to keep working hard to win customers–and their parents.
The article Does Young and Hip Win the Clothing War? originally appeared on Fool.com.
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